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.
Over the past 24 hours, the cryptocurrency Zcash (ZEC) has surged by 20.6%. As of writing, ZEC is trading around $520, marking its highest level since 2018.
A record surge in trading activity has been recorded on the native decentralized exchange XRP Ledger DEX. The number of transactions executed by users of the platform reached 954,000 per day. This development has alarmed analysts at CryptoQuant, as previous spikes in transaction volume have often preceded a drop in XRP’s price.
Bitcoin (BTC) has faced another wave of selling pressure driven by retail traders on Binance and significant outflows from spot ETFs.
As highlighted in the companies’ joint statement, this will be one of the first instances where a regulated U.S. bank uses a regulated stablecoin on an open blockchain for fiat settlements.
Bitcoin rose on Thursday, partially recovering from recent losses as traders took advantage of lower prices. However, economic uncertainty and fading hopes of interest rate cuts limited the rebound. The world’s largest cryptocurrency entered a bear market this week, falling more than 20% from its early-October record highs.
Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum have recorded capital outflows for the fifth consecutive day, while Solana ETFs have seen six straight days of inflows.
The price of ZKsync (ZK) continues to climb, rallying about 170% from a recent low of $0.028 to a peak of $0.075.
This week, global financial markets are facing a major sell-off as demand for risk assets — including cryptocurrencies and stocks — continues to decline.
Bitcoin fell on Wednesday, briefly dipping below the key $100,000 level as a broader sell-off in risk markets — driven by concerns over overvalued assets — spilled into cryptocurrencies.
Zcash (ZEC) has become one of the standout stars of the digital asset market, and despite its powerful surge, it might still be a good investment opportunity.
Bitcoin fell below $104,000 for the first time in several weeks, as traders warned of a possible return to levels below $100,000, while new buyers accumulated unrealized losses.
Bitcoin extended its losses on Tuesday, dropping below $105,000 as one of the largest liquidation waves in recent weeks swept through cryptocurrency markets, with investors growing cautious amid uncertainty surrounding the U.S. Federal Reserve’s interest rate outlook.
Today’s daily Bitcoin chart paints a bearish picture, as BTC dropped 3.1% from its daily high of $110,665 to $106,500.
Bitcoin fell on Monday, remaining under pressure after its first October decline since 2018, as concerns over economic slowdown and US–China trade relations continued to curb risk appetite.
According to a report by Riot Platforms, the cost of mining the leading cryptocurrency in 2024 amounted to $35,376 per coin. The 52% increase in global hashrate raised overall expenses, although part of the costs was offset through credit facilities.
Bitcoin is set to end October with a loss for the first time since 2018, breaking a seven-year winning streak in a month that has earned a reputation as favorable among cryptocurrency traders.