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.
Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum ended the final week of May under continued pressure from investor withdrawals, with combined outflows exceeding $1.6 billion as investors reduced exposure to the market's largest cryptocurrency funds.
Solana has completed eight consecutive months of negative performance for the first time in its history. As of June 1, 2026, SOL was trading around $81 despite on-chain metrics remaining at levels that would have been considered highly bullish just a year ago.
Ethereum has fallen below the key $2,000 support level as institutional outflows, geopolitical tensions, and a bearish technical breakdown continue to weigh on market sentiment.
Ethereum was trading at $1,977 on June 1, entering its historically worst calendar month below the $2,000 level for the first time since 2023. At the same time, the monthly chart shows the CRT candle range low at $1,750, while the lower daily Bollinger Band sits at $1,936.
The close of XRP's May monthly candle has officially shattered investor optimism, creating a classic bearish setup just as summer begins. The technical compression of Bollinger Bands on XRP's higher time frames on TradingView, combined with on-chain data, suggests that the token's price risks falling below the psychological $1 level in the coming weeks.
According to the latest data, Strategy made its first Bitcoin sale, selling a total of 32 BTC at a price of $77,135 per coin.
In May 2026, the cryptocurrency market ended the month in the red. Bitcoin lost 3.41%, while Ethereum declined by 11.07%, according to CoinGlass data.
The native token of the Hyperliquid project — $HYPE — set a new all-time high above $74. At one point, the asset was trading near $74.5, and at the time of writing, it was around $73.
Bitcoin fell on Monday, remaining near a two-month low as risk appetite weakened amid renewed military clashes between the United States and Iran, while hopes for a peace agreement faded.
Last week, the cryptocurrency market showed a negative trend, primarily affecting Bitcoin. At the time of writing, Bitcoin is trading at $73,442, down 4.1% from last week.
On May 31, 2026, Bitcoin traded near $73,840, stuck in a narrow range between $73,412 and $74,110, as technical indicators signalled bearish pressure and institutional players moved in opposite directions. Amid rising stablecoin dominance, Tether burning more than $1 billion within 24 hours, and BlackRock selling $2.1 billion worth of Bitcoin over the past ten days, traders are watching several key levels to determine whether the next move will be a recovery or a drop toward $70,000.
Bitcoin traded almost unchanged on Sunday as CME Group launched round-the-clock trading for cryptocurrency futures and options, expanding access to regulated crypto derivatives markets.
Bitcoin ($BTC) is ending May under pressure from sellers: attempts to rise are met with aggressive selling, while quotes are consolidating near $74,060.
U.S. spot exchange-traded funds (ETFs) have recorded their longest outflow streak since launching in January 2024. Investors withdrew around $3 billion from these products over ten consecutive trading sessions.
Bitcoin traded in a sideways range on Saturday after falling to a seven-week low near $72,000 in the previous session, pressured by unresolved tensions between the United States and Iran and weaker demand for exchange-traded funds (ETFs).
Bitcoin ($BTC) is ending May under pressure from sellers: attempts to rise are quickly suppressed. Record outflows from spot funds and uncertainty in external markets are keeping the price near key support levels.