The cost of bitcoin dropped below $ 62 thousand.

The value of the bitcoin coin has plummeted below $62 thousand. This is evidenced by trading data on the Binance exchange.

According to the site, the most popular cryptocurrency in the world has lost 2.97% of its value. As a result of the fall, the price of bitcoin dropped below $ 62 thousand for the first time in recent years.

On June 2, the value of the Bitcoin coin dropped below $70,000 for the first time since April 7, 2026. As of 10:00 Moscow time, the price has decreased by 4.2% per day, to an average of $69,948.45.

One bottom: is it worth buying Bitcoin, which has started to grow

And how is the collapse of the cryptocurrency in early 2026 radically different from the previous ones?

On May 26, Bloomberg reported that the Bitcoin implied Volatility Index (the level of price fluctuations expected by the market), the Bitcoin Volmex Implied Volatility Index, fell to its lowest level since September 2025 due to a weakening of investor interest in the cryptocurrency. This also happened due to the fact that bitcoin cannot gain a foothold above $80 thousand.