Bitcoin Plunges Below $62,000, Ethereum Falls Below $1,800
On the night of 4 June 2026, the crypto market saw another downturn. Bitcoin briefly fell to $61,383, while Ethereum dropped to $1,717, according to TradingView.


On the night of 4 June 2026, the crypto market saw another downturn. Bitcoin briefly fell to $61,383, while Ethereum dropped to $1,717, according to TradingView.
Bitcoin broke above $80,000 on Monday, May 4, gaining 2.7% within three hours amid a rally in Asian equity markets. This marks the highest level since January 31, 2026.
In the first quarter of 2026, the price of the leading cryptocurrency fell by 22.2%, marking its worst start in eight years.
Bitcoin has approached levels that, in previous cycles, more often appeared closer to the final stage of a bear market. According to Checkonchain, the price has fallen to the area of the 200-week average, which long-term investors use as a rough line of the four-year trend.
Binance Stocks will begin accepting limit orders for the SpaceX stock token SPCX at 09:05 UTC on 12 June, giving users access to the long-awaited listing through whole-share trading.
Bitcoin is trading at $61,433 on 10 June, holding above the support zone that was briefly broken on 5 and 6 June, when Fidelity Digital Assets noted that the price fell below the 200-week SMA near $61,800 — a level historically associated with forced-selling events.
Bitcoin declined on Wednesday, following a broad sell-off across risk assets, as renewed military action between the United States and Iran undermined hopes for a peaceful settlement in the Middle East.
Bitcoin is approaching a decisive technical zone after its four-hour chart showed a rebound from below $60,000 that stalled near $63,217. The recovery brought the token’s price back to immediate resistance at $63,846, while the stronger confirmation zone lies between $64,000 and $66,000.
$XRP is trading at $1.1675 on 9 June, rebounding from a low of $1.0559 and attempting a second push towards $1.19, as options traders doubled their bets overnight right in the zone where the weekly chart shows significant structural support.
Cardano continues to navigate a difficult market environment despite renewed optimism from founder Charles Hoskinson. The blockchain’s native token, $ADA, has shown a modest recovery from recent lows.
On Tuesday, Bitcoin stabilised after the largest corporate holder of the cryptocurrency, Strategy, used the recent price decline to buy more, while tensions in the Middle East eased, bringing some relief to crypto markets.
Institutional Bitcoin reserves are growing: the top 100 holders account for 1,258,090 $BTC, with Strategy leading the list with a massive position of 845,256 $BTC.
Gold has fallen by more than 20% from its January record high of $5,600 per ounce and is now trading below its 200-day moving average (200DMA). This has happened for the first time since October 2023.
The $XRP reserve on Binance, the world’s largest cryptocurrency exchange by trading volume, fell to 2.7 billion tokens on June 7, compared with 2.77 billion $XRP on March 5, 2026. As a result, the supply of $XRP on Binance decreased by 66.05 million, reflecting a 2.38% decline over the period, according to CryptoQuant data analysed by Happy Coin News on June 8.
$NEAR recovered by roughly 20% from its recent low, outperforming other digital assets that are still struggling to recover. Market analyst Michaël van de Poppe called the token one of the strongest assets in the market and linked its next move to Bitcoin’s performance.
The Toncoin ($TON) community has approved a Telegram-backed proposal to rename the network’s native token. As a result of the vote, the native token known as Toncoin will be renamed “Gram”, while its ticker will change from “$TON” to “GRAM”.
2026 has been a difficult period for the cryptocurrency market: since the start of the year, each of the five largest crypto assets by market capitalisation has posted double-digit losses. Among this group, Solana ($SOL) has suffered the most, losing more than 47% of its value since January 1. To understand where the market may head next, we asked several leading modern artificial intelligence (AI) models to forecast the year-end prices of $BTC, $ETH, $BNB, $XRP and $SOL. Their answers were, to put it mildly, intriguing.
Bitcoin remains under pressure after a sharp correction erased a significant portion of its earlier gains, but fresh speculation surrounding Strategy Executive Chairman Michael Saylor has sparked renewed market interest.
$XRP continues to trade under pressure as weakening capital flows and declining derivatives activity reinforce a cautious market outlook. Although the token recently recovered from local lows, technical indicators suggest that buyers have not yet regained real control.