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Bitcoin Drops Below $67,000 After Two-Month Rally, Spot Inflows Signal Low-Level Entry Attempts

Derivatives Data Capital Flow Price Volatility

2026-06-03 02:49:34

BTC-5.16%

ETH-6.29%

According to BlockBeats citing Cinglass data, Bitcoin dropped below $67,000 on June 3 morning, ending a two-month rally. Market sentiment, reflected in funding rates, appears less pessimistic than two months ago—Bitcoin and Ethereum contract funding rates across major platforms are currently positive.

Spot data shows Bitcoin received net inflows of $30.35 million over the past 8 hours. However, futures markets saw net outflows of $2.595 billion in the past 24 hours. Altcoin funding rates turned negative but remain less severe than two months prior.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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