Bitcoin selloff continues as prices slide below $63,000 for the first time since February

Jun 4, 2026 - 03:15
Bitcoin selloff continues as prices slide below $63,000 for the first time since February
Bitcoin BTC$66,924.57 extended losses early Thursday, falling to $63,000 for the first time since February 24. The cryptocurrency has lost over 14% this week alone and 21% over the past four weeks, according to CoinDesk data. The selloff has triggered demand for protective options plays, pushing the fear gauge, the 30-day implied volatility index BVIV,...

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