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 remained under pressure on Tuesday, continuing its decline after a brief recovery, as progress on ending the U.S. government shutdown and additional buying from major corporate holder Strategy did little to support prices.
Coinbase is launching a new platform for initial token offerings, providing retail investors in the U.S. with access to regulated primary cryptocurrency sales for the first time since 2018. The first trading event for the layer-1 blockchain token Monad is scheduled for November 17–22.
On Monday, November 10, Bitcoin (BTC) gained 3.5%, climbing above the $106,000 mark. Its recovery came as investors rushed to buy below $100,000, helping the market increase its total capitalization by $170 billion.
Today, the price of XRP, the fourth-largest cryptocurrency, increased by 12%, surpassing the $2.55 level. This growth was driven by the fact that the Depository Trust & Clearing Corporation (DTCC) listed several applications for spot exchange-traded funds (ETFs) based on XRP.
In October 2025, activity on crypto exchanges increased significantly. According to Wu Blockchain, the total spot trading volume on major platforms rose by 36% compared to September, reaching $2.36 trillion.
Bitcoin rose on Monday alongside a broader rally in risk assets, as U.S. lawmakers made progress toward ending a prolonged government shutdown.
The Zcash (ZEC) token has surged 63% in a week, pushing its market capitalization to $10.6 billion and cementing its position as the 12th-largest crypto asset. The token leads the broader rally in privacy-focused cryptocurrencies, driven by growing demand for anonymity.
A key profitability metric — the hashprice — has dropped to levels where many small miners find it unprofitable to mine Bitcoin (BTC), raising questions about the sustainability of the entire industry.
The recent drop in Bitcoin’s price below the $100,000 mark became a significant test for investors and market resilience. The largest cryptocurrency quickly recovered. This confirmed a new psychological level of support. Analysts agree. Short-term fluctuations do not change the long-term trend. It remains unchanged and potentially bullish. Most experts point to the pressure from the U.S. government shutdown.
It took just over a month for cryptocurrencies to erase nearly all the market value gains achieved since the beginning of the year, Bloomberg reports. At its peak on October 6, the total market capitalization approached a record $4.4 trillion, but since then a 20% drop has left the asset class with only a modest 2.5% year-to-date increase, according to CoinGecko.
ZEC market capitalization surpasses $10 billion for the first time, placing it 13th among the largest cryptocurrencies. The price of Zcash (ZEC) has reached a new high since January 2018. For the first time in nearly eight years, the coin’s value climbed above $600. Over the past 24 hours, it rose 22%, and since the start of autumn — 1,400% (from $41 to $629).
Bitcoin mining corporations MARA Holdings and Hut 8 reported strong third-quarter results on Tuesday, both posting sharp increases in profits and expanding their bitcoin reserves.
October 2025 failed to live up to its reputation as one of the most favorable months for the crypto market. Over the past 30 days, most digital assets came under significant selling pressure, largely driven by geopolitical instability across global markets.
Bitcoin fell on Friday and is heading toward a significant weekly drop as volatile risk appetite—driven by a global tech stock selloff—keeps investors away from cryptocurrencies. The world’s largest cryptocurrency is on track for its second consecutive week of losses, and has traded lower in four of the past five weeks, as crypto markets continue to struggle after a disappointing October performance.
Four out of six major large language models (LLMs) competing in the crypto trading contest “Alpha Arena” ended the season with losses — with OpenAI’s ChatGPT leading in losses, down 63% of its funds.
Investors on the open market have purchased over 375,000 bitcoins in the past month, including 50,000 BTC on November 5, according to data from on-chain analytics platform CryptoQuant.