Bitcoin slides sharply amid global tech sell-off
06-02-2026
Bitcoin fell steeply on Thursday, sliding as much as 8% as a renewed sell-off in global technology stocks rattled investor sentiment and triggered risk aversion across financial markets. The world’s largest cryptocurrency was trading near $71,000, down about 7.3%, after briefly dropping to around $69,000 earlier in the day, its lowest level since November 2024, according to CoinDesk.