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.
Experts noted that the price of Bitcoin (BTC) continues to move within a zone of elevated volatility amid declining momentum and weakening capital inflows from institutional investors. Data on IBIT flow dynamics shows that the acceleration of price growth directly depends on ETF activity.
The forty-three-day shutdown of U.S. government agencies has come to an end; funding for government operations has been found. A positive piece of news for the world’s largest crypto market did not spark enthusiasm among crypto investors. Risk appetite has not returned, and cryptocurrencies are falling. Will this last long?
Cardano was trading at $0.5091 at 15:12 (12:12 GMT) on Friday, according to the Investing.com index, down 10.08% for the day. This marked the steepest decline in the cryptocurrency’s value since October 10.
During the first trading session after its listing, the Canary XRP ETF (XRPC) on the Nasdaq exchange reached a turnover of $58 million, surpassing all other exchange-traded funds launched in the U.S. in 2025. XRPC even managed to outperform the Bitwise Solana ETF (BSOL), whose first-day trading volume amounted to $57 million.
Bitcoin fell below the key $100,000 level on Friday, following a broader decline in risk assets as sentiment was dampened by rising bets that the Federal Reserve will not cut interest rates in December.
The cryptocurrency Ethereum was trading at $3,114.64 at 04:39 GMT on Friday, according to the Investing.com index, falling 10.59% on the day. This was the most significant drop in the cryptocurrency’s value since October 10.
Canary Funds has filed Form 8-A with the SEC to launch the XRP Trust Fund, which could become the first spot XRP ETF in the United States. The fund is fully backed by real XRP tokens and is preparing for listing on Nasdaq on November 13. The XRP Trust from Canary Funds may become the first U.S. exchange-traded fund (ETF) backed by the actual value of XRP — $2.5105 per unit.
Analytics firm 10x Research has released a report on the current state of the Bitcoin (BTC) market and a possible transition into a bear phase. Experts noted that the past three weeks have shown worrying signals, especially after the October 10 crash, during which roughly $6 billion in positions were liquidated.
The supply of stablecoins has sharply increased to levels typical of a bear market. CryptoQuant analyst MorenoDV believes that this may be followed by a new rally in Bitcoin (BTC) and the broader digital asset market.
Bitcoin edged lower on Thursday, struggling to gain ground amid moderate capital inflows from institutional investors, while the end of the prolonged U.S. government shutdown helped boost some risk appetite.
In November, miners became among the most active users of the Binance cryptocurrency exchange, transferring 71,000 bitcoins to the platform. The maximum one-day deposit received by Binance amounted to 12,564 BTC.
The crypto market is preparing for a potential “Santa Claus rally” — a traditional December upswing that, according to analysts, could be amplified by strategic accumulation, expectations of monetary easing by the Fed, and new economic initiatives in the U.S., CoinDesk reported.
As of the last trading session on November 11, spot exchange-traded funds (ETFs) based on Solana attracted $7.9 million, marking the 11th consecutive day of positive inflows.
JPMorgan Chase is expanding its blockchain operations by launching JPM Coin on Base, the network developed by Coinbase. This will allow institutional clients to send and receive U.S. dollar payments within seconds, operating 24/7 without waiting for banks to open.
Bitcoin fell on Wednesday, extending recent declines, as the improvement in risk appetite amid progress toward reopening the U.S. government failed to trigger significant buying in cryptocurrency markets. Bitcoin dropped 1.8% to $103,344.1 at 05:28 GMT, after earlier hitting a low of $102,737.9 during the day.
Shares of companies holding Bitcoin reserves may be approaching the end of a period of value decline. This followed a statement by an investment firm announcing the closure of its short position against Strategy, the largest Bitcoin-holding corporation.