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, the leading cryptocurrency, broke through a major psychological resistance level over the weekend, surpassing the $80,000 mark. Over the past 24 hours, the asset gained approximately 2.6%, reaching $80,150, with the broader market showing upward momentum.
Bitcoin prices remain stable near key psychological levels this Sunday, supported by institutional demand and significant regulatory developments.
On May 2, following the latest network adjustment, Bitcoin mining difficulty decreased by 2.3%, falling to 132.47 T.
The U.S. CLARITY Act, designed to establish a regulatory framework for the cryptocurrency industry, has moved closer to a voting stage following the release of final provisions governing stablecoin yield.
On‑chain data from Santiment revealed a sharp rise in large Dogecoin transactions. Within a single day, the network recorded 739 transfers valued above $100,000. Major holders now control 108.52 billion $DOGE, marking an all‑time high concentration.
President Donald Trump informed Congress on Thursday that U.S. military operations against Iran have concluded. The announcement came as the 60‑day deadline established under the 1973 War Powers Resolution expired, providing markets and investors with a clearer geopolitical signal heading into May.
Bitcoin prices rose during Saturday morning trading, continuing the bullish trend as the market absorbed record institutional demand that began in April.
The long-awaited compromise on stablecoin yield under the CLARITY Act, a key piece of cryptocurrency legislation in the United States, has finally been clarified. According to text obtained by Punchbowl News, Senators Thom Tillis and Angela Alsobrooks have reached a comprehensive agreement on stablecoin yield.
U.S. President Donald Trump expressed dissatisfaction with the latest proposal presented during negotiations to end the war with Iran. Speaking to reporters at the White House, Trump stated that Tehran’s administration wanted to reach a deal, but the current proposal did not meet their expectations.
Trading volume for Grayscale’s Zcash Trust (ZCSH) has doubled, surpassing $2 million in daily volume, while the total amount of shielded Zcash tokens has reached an all-time high.
Charts of most major cryptocurrencies showed growth over the last 30 days. However, some crypto assets moved against the market trend, declining by dozens of percentage points. From April 1 to April 30, the prices of Bitcoin ($BTC) and Ethereum (ETH) increased by 13% and 10%, reaching $76,000 and $2,260 respectively.
Bitcoin and Ether ETFs recorded outflows for a third consecutive day, signaling a shift toward a more cautious stance as investors continue reducing exposure following last week’s strong inflow streak. Smaller assets such as $XRP continue to attract selective investments, while Solana‑based products remain unchanged.
Bitcoin rebounded on Thursday, climbing back above the $77,000 mark after a recent decline, as improved global risk appetite boosted demand for cryptocurrencies alongside equities.
Bitcoin enters May 2026 with unstable pricing, trading around $76,128 after gaining approximately 27% from its February low of $60,187. Despite this recovery, the price still remains below a strong resistance zone between $78,500 and $82,228.
Crypto markets came under pressure on Wednesday as a cascade of macroeconomic events reduced risk appetite. Bitcoin fell to $75,472, down 2.30% over 24 hours. Ethereum dropped to $2,240, down 3.69%. XRP declined to $1.36, down 2.26%. Total crypto market capitalization decreased by 2.06% to $2.53 trillion, as $565 million in leveraged positions were liquidated across the market in a single day.
Bitcoin declined on Thursday, falling below $76,000 as escalating geopolitical tensions in the Middle East and inflation concerns weakened global risk appetite.