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.
The market is losing momentum. After nine consecutive days of inflows, capital has started leaving spot Bitcoin ETFs. At the same time, the price dropped back below $77,000 and failed to hold above the key $80,000 level.
On April 29, Bitcoin experienced significant volatility, reaching a peak of $77,882 before dropping to $75,100. The swings coincided with the Federal Reserve’s decision to keep interest rates unchanged and growing concerns over the Middle East conflict.
The largest cryptocurrency slipped slightly below $77,000 during Wednesday’s Asian session, rising just 0.1% over 24 hours and falling 0.8% over the week, holding in a tight range even as Brent crude climbed above $111 per barrel following a Wall Street Journal report that President Donald Trump had instructed aides to prepare for a prolonged U.S. naval blockade of the Strait of Hormuz.
Bitcoin remained steady around the $77,000 level on Wednesday as investors cautiously awaited the monetary policy decision from the Federal Reserve, while also assessing the impact of a potential prolonged U.S. blockade of Iran.
On April 28, 2026, the United Arab Emirates officially left OPEC and the broader OPEC+ alliance, and within hours of the announcement Bitcoin fell below $76,000.
Bitcoin fell 3% in Asian morning trading and is holding near $77,000 as markets prepare for a week packed with macro catalysts. The move appears to be driven more by caution than by a shift in sentiment.
The cryptocurrency traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rising to $79,399 on Monday and reversing during the day. Ethereum (ETH) fell 3.7% to $2,290, $XRP ($XRP) dropped 3.2% to $1.39, Solana (SOL) declined 3.9% to $84.10, and $BNB ($BNB) fell 1.8% to $625. The top 10 tokens traded in the red over the past 24 hours, except for TRON (TRX) and Dogecoin (DOGE).
Bitcoin fell below $77,000 on Tuesday after another failed breakout attempt, as rising oil prices and caution ahead of key central bank meetings reduced risk appetite.
Bitcoin moved toward $77,000 on Monday after failing to hold early gains, as rising oil prices and ongoing geopolitical tensions weighed on overall risk appetite.
Wall Street is setting records: the NASDAQ and S&P 500 indices have reached all-time highs. The crypto market also grew in April. How did this affect the stocks of companies that mine Bitcoin, invest in the leading cryptocurrency, or accept $BTC as payment?
Bitcoin rose 1.2% to $78,263.1 as of 07:54 GMT on Sunday, despite worsening prospects for a peace settlement between the U.S. and Iran: Trump withdrew his envoys from Islamabad after Tehran stated that Washington must lift its port blockade before negotiations can begin.
Bitcoin ($BTC) is showing optimistic prospects amid news of an indefinite ceasefire in the Iranian war between the United States and Iran. This has strengthened bullish forecasts, and although $BTC technical indicators are improving, short-term uncertainty still remains, according to the analytical company.
This week, Bitmine, the largest public holder of Ethereum, acquired another 100,000 $ETH, spending nearly $233.7 million, according to Lookonchain data.
According to CoinGecko, over the past 24 hours the price of $ZEC increased by 9.4%, by 3.4% over the past week, by 45.4% over the past month, and by 948.4% since April 2025. This rise of Zcash ($ZEC) occurred after the long-awaited listing on Robinhood.
The Ethereum Foundation, the main organization behind the Ethereum ecosystem, announced another sale following a recent one. In its statement, the Foundation reported that the sale of 10,000 Ethereum tokens ($ETH) was completed today.
Key participants in the Bitcoin market are actively increasing their positions amid the growth of the crypto market, according to Santiment analysts.