Bitcoin (BTC) Market News – 3 June 2026
BTC Price Update
Bitcoin is trading around $66K–67K, down roughly 5–6% in the last 24 hours.
The recent selloff pushed BTC to its lowest level in several weeks.
Why BTC Is Falling
1. Rising geopolitical tensions in the Middle East increased risk-off sentiment across financial markets.
2. Large crypto liquidations (hundreds of millions of dollars) accelerated the decline.
3. Bitcoin ETF outflows have remained elevated, adding selling pressure.
Key Technical Levels
Support: $65,000
Major Support: $60,000
Resistance: $72,500
Short Trading View
Above $72.5K → bullish recovery possible.
Below $65K → further downside toward $60K could occur.
📉 Current market sentiment is cautious, but traders are watching the $65K support zone closely for a potential rebound.
BTC Price Update
Bitcoin is trading around $66K–67K, down roughly 5–6% in the last 24 hours.
The recent selloff pushed BTC to its lowest level in several weeks.
Why BTC Is Falling
1. Rising geopolitical tensions in the Middle East increased risk-off sentiment across financial markets.
2. Large crypto liquidations (hundreds of millions of dollars) accelerated the decline.
3. Bitcoin ETF outflows have remained elevated, adding selling pressure.
Key Technical Levels
Support: $65,000
Major Support: $60,000
Resistance: $72,500
Short Trading View
Above $72.5K → bullish recovery possible.
Below $65K → further downside toward $60K could occur.
📉 Current market sentiment is cautious, but traders are watching the $65K support zone closely for a potential rebound.