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.
According to TokenInsight, trading platforms Binance, OKX, Bybit, and Bitget were the market leaders among crypto exchanges in the second quarter of 2025. The total trading volume on the 10 largest exchanges reached $21.6 trillion, which is 6.16% lower than in the first quarter.
On Wednesday, July 16, the price of Ethereum (ETH) climbed above $3140 for the first time in 23 weeks. The high-cap altcoin, with a fully diluted valuation of approximately $378 billion, surged 5.53% in the last 24 hours, reaching around $3141 at the start of the European trading session.
Bitcoin remained stable on Wednesday after pulling back from record highs as investors watched the progress of key U.S. cryptocurrency bills following an initial setback in the House of Representatives.
On July 14, the market capitalization of the leading cryptocurrency reached $2.42 trillion. According to CompaniesMarketCap, Amazon’s (NASDAQ:AMZN) capitalization currently stands at around $2.38 trillion.
Bitcoin has broken above $122,000 for the first time, with investor optimism rising nearly every day after breaking out of the tight price range where the cryptocurrency had been stuck for months. Previously, skeptics questioned whether the original digital asset could regain record momentum like earlier this year, Bloomberg reports.
The world’s largest crypto exchange, Binance, provided support for a cryptocurrency project owned by the Trump family, and its founder, Changpeng Zhao (CZ), is now reportedly seeking a pardon from the U.S. president, Bloomberg reports, citing sources familiar with the matter.
On Friday, U.S. spot Bitcoin ETFs recorded daily inflows exceeding $1 billion for the second consecutive day. This is the first time since their launch in January 2024 that there have been back-to-back ten-figure inflows.
The metric has approached the all-time high recorded in May of 126.98 T. After the difficulty adjustment, the average network hashrate dropped to 797 EH/s, while the block interval exceeded 11 minutes.
Sharia Earn allows users to stake BNB, ETH, and SOL. The product is certified by Amanie Advisors, Shariah consultants, and operates on a wakala (trust-based investment) model for digital asset management.
The KULR Technology Group has launched 3,570 S19 XP miners from Bitmain at facilities in Asunción (Paraguay), according to a press release.
Yesterday’s breakout to $112,000 did not result in a new price record, but that changed today. Bitcoin has now reached a new all-time high of $113,400.
In June, trading volume on the Polymarket platform reached $1.16 billion, a 9.4% increase compared to May. This also marks the highest monthly figure since January, when volume reached $1.26 billion.
Bitcoin rose on Thursday but remained below the near-record high of almost $112,000 it briefly touched a day earlier, as profit-taking and renewed concerns over U.S. tariffs tempered investor enthusiasm.
Bitcoin rose slightly on Wednesday, continuing a cautious movement as investors stayed on the sidelines amid new U.S. tariff announcements and looked ahead to the upcoming “Crypto Week” in mid-July for potential regulatory clarity.
Ethereum is currently trading at a critical resistance zone. A potential harmonic pattern is forming that could signal a deeper pullback before a major bullish continuation unfolds.