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Bitcoin falls 4% to over three-month low - Finance news and analysis from Global Banking & Finance Review
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Bitcoin falls 4% to over three-month low

Published by Global Banking & Finance Review

Posted on June 3, 2026

1 min read

· Last updated: June 3, 2026

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Bitcoin Slides 4%, Hits Lowest Value Since February in Market Downturn

Bitcoin Slides 4%, Hits Lowest Value Since February in Market Downturn

Bitcoin Price Drops Amid Market Downturn

Latest Price Movement

June 3 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, on Wednesday fell 4% to $64,721.39, the lowest since February 28.

Market Context and Implications

Investor Sentiment and Reactions

(Reporting by Natalia Bueno Rebolledo in Mexico City; Editing by Chris Reese)

Key Takeaways

  • Bitcoin slipped around 4% to $64,721.39 on June 3, 2026, marking its lowest price since February 28. (coindesk.com)
  • The decline comes amid a wave of bearish developments—including more than $3 billion in spot Bitcoin ETF outflows, MicroStrategy’s first disclosed BTC sale, and large wallet transfers from Mt. Gox. (coindesk.com)
  • This drop adds to recent losses; Bitcoin has now erased its April gains and dropped nearly 10% over the past three days due to over $1 billion in long-position liquidations. (news.bitcoin.com)

References

Frequently Asked Questions

How much did Bitcoin fall on June 3?
Bitcoin fell 4% on June 3, reaching $64,721.39.
What is the current price of Bitcoin after the drop?
After the decline, Bitcoin's price is $64,721.39.
When was the last time Bitcoin was at this price level?
Bitcoin last reached this price level on February 28.
Who reported the recent decline in Bitcoin’s price?
Natalia Bueno Rebolledo in Mexico City reported the recent drop, with editing by Chris Reese.

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