Bitcoin Dives to Three-Month Low Amid Market Volatility

Global markets have experienced a downturn in recent days, affecting various assets, including cryptocurrencies like Bitcoin.

The world's largest digital currency by market value has taken a significant hit, slipping around 4% to $64,721.39 on June 3.

This decline marks its lowest price since February 28 and adds to the cryptocurrency's recent losses, which have now erased April gains and dropped nearly 10% over the past three days due to over $1 billion in long-position liquidations.