Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year

Logan Hitchcock

Mon, June 1, 2026 astatine 9:24 AM CDT 2 min read

The terms of Bitcoin dipped to a astir two-month debased connected Monday, dipping to a caller terms of $71,479 amid increasing ETF outflows and a merchantability from starring treasury steadfast Strategy. 

The apical crypto plus is down 2.8% successful the past 24 hours and has present fallen much than 7% successful the past week of trading, bringing it to a level not seen since the archetypal week of April, according to information from CoinGecko. 

The play descent has been catalyzed by monolithic ETF outflows, astir $3 cardinal successful full implicit its existent 10-day outflow streak. The swell successful losses has led to the speech traded products hitting a antagonistic flow people year-to-date.

In different words, assets nether absorption for the Bitcoin ETFs person fallen successful 2026 arsenic investors question to recoup currency oregon marque different investments, alternatively than support vulnerability to BTC. 

But it's not conscionable ETF holders that parted ways with immoderate BTC vulnerability successful the past week. 

Strategy, the Bitcoin behemoth that holds much $60 cardinal worthy of BTC, sold 32 Bitcoin for astir $2.5 million astatine an mean terms of $77,135. The determination comes little than a period aft president and laminitis Michael Saylor said the steadfast would “probably merchantability immoderate Bitcoin,” arsenic it seeks to money dividend payments for its preferred stock. 

According to its SEC filing astir the $2.5 cardinal sale, that’s precisely what it aims to do.

Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M

Shares successful the steadfast (MSTR) person shed much than 6% since the opening doorbell arsenic the marketplace reckons with the firm’s decision. Analysts previously told Decrypt that the merchantability of “even a fraction” of Strategy’s holdings could interaction cognition and diminish condemnation successful BTC. 

Around $155 cardinal worthy of liquidations person stacked up against Bitcoin positions successful the past 24 hours, according to information from CoinGlass—about 94% of which were liquidations connected agelong positions, oregon those betting connected the terms of Bitcoin to spell up. 

BTC is present down astir 8% successful the past period of trading and is 43% disconnected its all-time precocious of $126,080.