Bitcoin Crashes to 64K as Fear Hits Extreme Levels and ETF Outflows Top 2 Billion in May

About this episode

This episode discusses the recent volatility in the cryptocurrency market, focusing on Bitcoin and Ethereum's significant price drops and ETF outflows.

Cryptocurrency News Today: Market Updates & Analysis Podcast. Crypto Willy here, and this week in **cryptocurrency** was a straight-up volatility storm. **Bitcoin** and **Ethereum** got hit hard in a broad market selloff, with Bitcoin dropping to **$64,023.78** and Ethereum sliding to **$1,789.20** over 24 hours, according to CoinStats AI, while liquidations stacked up and fear spiked across the market[2]. CoinStats AI says the selloff was fueled by institutional selling, heavy liquidations, and a rare **32 BTC** sale by **Strategy**, which rattled sentiment and helped push the **Fear & Greed Index** to **11**, or extreme fear[2]. The pressure wasn’t just spot-market drama. CoinStats AI reported that **spot Bitcoin ETF outflows** hit **$396.6 million** on June 3, with May marking the worst monthly outflows of 2026 at **$2.43 billion**, while **Ethereum ETF redemptions** reached **$53.0 million** in a single day and **$429.3 million** over seven days[2]. In derivatives, things got even messier: total liquidations were roughly **$1.75 billion to $1.84 billion** in 24 hours, and open interest fell sharply, which points to a leverage washout rather than a full trend collapse[2]…

People in this episode

Host: Crypto Willy

Topics covered

• Bitcoin
• Ethereum
• market volatility
• ETF outflows
• Fear & Greed Index
• cryptocurrency news

Keywords

• Bitcoin
• Ethereum
• market selloff
• ETF outflows
• Fear & Greed Index
• liquidations
• cryptocurrency

Mentioned in this episode

Organizations: CoinStats AI, Amber Group, Strategy

Products: Bitcoin, Ethereum

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