The price of Zcash ($ZEC) fell by 48% to $302.48 after a critical vulnerability was discovered in the protocol. The bug made it possible to create fake coins infinitely and invisibly.
On Friday, Bitcoin fell near a four-month low and headed for a significant weekly decline amid continued institutional selling, driven by persistent tensions around the war with Iran, which is forcing traders to stay away from cryptocurrencies.
As of 15:30 Eastern Time on 4 June 2026, Bitcoin was trading at $63,826, approximately 2.8% below its daily level. This price level has become the focus of attention on Polymarket, Kalshi and Myriad, where open contracts worth millions of dollars show a persistent bearish bias.
Bitcoin has reached the downside target set by Peter Brandt in February, but the veteran trader believes $BTC may still move lower before forming a tradable bottom. In one of his earlier forecasts, he predicted that Bitcoin could peak in the $300,000–500,000 range in 2029.
On Thursday, around 12:00 Eastern Daylight Time (EDT), Bitcoin was holding slightly above the $63,000 mark, having lost 17% over the past two weeks, as investors increasingly analysed the potential impact of a historic wave of public listings by artificial intelligence (AI) companies that are expected to begin entering the markets in the coming months.
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