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 barely moved on Friday and is set to break the “Uptober” trend, as heightened risk aversion amid U.S.-China trade tensions and economic uncertainty hit demand for cryptocurrencies.
On Thursday, October 30, XRP’s price sharply fell by 6.5%, erasing nearly $11 billion from its market capitalization — down from approximately $159.2 billion to $148.5 billion.
After U.S. Federal Reserve Chair Jerome Powell shifted market expectations regarding a possible rate cut in December, gold prices continued to fall for the fourth consecutive session, dropping to $3,972.30 per ounce (-0.71%).
Bitcoin fell on Thursday as traders assessed the outcome of the meeting between U.S. and Chinese leaders, while cautious comments from the Federal Reserve added further pressure.
The launch of the Bitwise Solana Staking ETF (BSOL) attracted $69.5 million in inflows on its first trading day, yet Solana’s (SOL) price remained virtually unchanged.
OpenAI’s ChatGPT model has identified two cryptocurrencies trading under $1 that it considers promising investment opportunities for November.
Options on Bitcoin (BTC $113,104.75) and Ether (ETH $4,001.69) worth around $17 billion are set to expire on Friday on the Deribit exchange — one of the largest monthly options expirations this year.
The world’s largest crypto exchange, Binance, has removed 18 tokens from its Alpha listing pool, meaning they will no longer be available for new purchases on the platform. Users who already hold these assets can still sell or trade them in other ways.
Bitcoin is trading in a tightening range after a failed attempt to break above $116,000 earlier this week. Buyers faced resistance slightly above that level, and on Tuesday the coin is trying to hold above $114,000, having found support near $113,500 earlier today.
The first American staking Solana ETF — REX-Osprey SOL + Staking ETF (SSK) — launched on July 2, 2025. Today, October 28, the Bitwise Solana Staking ETF (BSOL) joined it on the NYSE.
Bitcoin edged lower on Tuesday as its recent rebound paused amid growing caution ahead of high-level talks between the U.S. and China, as well as the upcoming Federal Reserve meeting later this week.
In October, China accounted for 14.06% of global Bitcoin hashrate. The country has adopted a so-called “cypherpunk mining method” — as long as miners have access to power and hardware, underground operations continue to extract BTC while avoiding detection by authorities, according to Luxor analysts.
The crypto market is seeing a notable rebound amid easing tensions between the U.S. and China, as the threat of a renewed tariff war appears to have temporarily receded.
Trading firm QCP Capital released a new analytical report emphasizing that the current week could be crucial for the cryptocurrency market. The firm believes that upcoming events are more important for Bitcoin than traditional macroeconomic factors.
Bitcoin climbed on Monday amid a broad rally in risk assets after the United States and China announced a framework trade deal aimed at preventing further escalation of their ongoing trade conflict.
Spot Ethereum exchange-traded funds (ETFs) have recorded their second consecutive week of outflows amid cooling investor sentiment following months of steady inflows.