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Bitcoin Hits Two-Month Low on June 2, Diverging Further From Record-High U.S. Equities

Price Volatility Market Analysis Indices Stocks

2026-06-02 05:29:35

BTC-4.18%

According to BlockBeats, on June 2, Bitcoin fell to its lowest level since April 7, declining over 4% in a single day and approximately 8% over the past seven days. Simultaneously, U.S. equities hit record highs, with the S&P 500 surpassing 7,600 and the Nasdaq breaking through 27,000, marking a widening divergence between crypto and traditional markets. Bitrue Research Institute's Andri Fauzan Adziima noted that Bitcoin is currently the only major asset class in evident contraction, reflecting investor perception of it as a high-beta risk asset driven by macro sentiment rather than an independent safe haven.

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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