Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend
Bitcoin prices have fallen below $70,000 following a sale by Strategy, while AI-related tokens like Humanity Protocol and Near Protocol have seen significant gains. The broader DeFi market is experiencing a downturn, with total value locked hitting a 20-month low.
Why it matters
The divergence between traditional crypto assets and AI-themed tokens highlights shifting investor sentiment toward artificial intelligence in the blockchain sector.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend The price of bitcoin fell to its lowest since April 7 as Strategy s sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low. By Oliver Knight , Omkar Godbole | Edited by Sheldon Reback Jun 2, 2026, 10:00 a.m. 2 min read Make preferred on Bitcoin price (CoinDesk Data) What to know : Bitcoin broke below $70,000 for the first time since April 7, with seven of the past eight four-hour candles closing red. AI tokens bucked the trend as Humanity Protocol (H) and Near Protocol (NEAR) advanced over 24 hours. DeFi is deteriorating, with total value locked across all protocols sliding to some $78 billion, the least since October 2024. Bitcoin BTC $ 69,304.97 fell to its lowest level since April 7 on Tuesday, breaking below $70,000 in a downswing that has accelerated sharply since Sunday. Seven of the past eight four-hour candles have closed red, leaving the largest cryptocurrency down more than 2% since midnight UTC.
The report focuses on market data and investor sentiment without taking a stance on the assets.
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