The digital token is down over 35% so far this year, and trading far below its record high of $69,000 it had hit in November 2021.
On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, gained about 4% to $1,862.
Meanwhile, cryptocurrencies have increasingly been driven by fluctuations in tech stocks.
In individual assets, Bitcoin’s AUM fell 26.8% to $24.0 billion in May, while slightly gaining market share, currently at 70% of the total AUM, up from 68% in April.