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.
Ethereum is trading at $2,129 on May 20, holding slightly above wedge support at $2,100 as 60 whale addresses exited the network over the past two months, while Binance futures sentiment has reached its most bearish level since the 2023 bear market.
Zcash has once again become a focal point within the privacy-coin market. The $ZEC token climbed nearly 10% and approached $580 following two major developments: the SEC officially closed its investigation into the Zcash Foundation without imposing penalties or filing charges, while the organisation also disclosed reserves worth $36.7 million.
Bitcoin edged higher above the $77,000 mark on Wednesday as investors cautiously assessed signs of progress in US-Iran peace talks, although rising Treasury yields and caution ahead of Nvidia’s earnings report limited broader risk appetite.
Funds investing in Bitcoin recorded the third-largest daily outflow of 2026, signalling a sharp deterioration in institutional investor sentiment. Ethereum ETFs extended their losing streak to six consecutive sessions, while products tied to $XRP and Solana managed to attract only modest inflows amid the broader market sell-off.
Bitcoin has fallen by $6,000 since the CLARITY Act advanced to the full Senate, wiping $126 billion off its market capitalisation — what analysts describe as a typical “sell-the-news” event. Ethereum dropped by more than 10%, erasing $30 billion.
On Tuesday morning, Bitcoin traded near the $76,738 mark as traders monitored the narrowing consolidation range following a strong multi-week rally. Technical indicators across the hourly, four-hour, and daily charts remained mixed, pointing to cautious market behaviour. The support level around $76,000 held firm, remaining the key factor determining the short-term direction of price movement.
Hyperliquid’s native token $HYPE continues to attract aggressive bullish momentum as traders push the asset toward a critical resistance zone. The token recently climbed from a swing low of $38.20 into the $47–$48 range. Strong technical positioning and improving derivatives activity are now supporting the broader uptrend.
According to available reports, the US Senate is expected to hold a vote within the next 30 days on the CLARITY Act, which includes comprehensive regulations for the cryptocurrency market. It is expected that all senators will vote in favor of the bill.
Bitcoin stabilized below the $77,000 level on Tuesday after posting losses during four consecutive trading sessions. Investors continued monitoring developments surrounding Iran while assessing the impact of surging oil prices on inflation and US interest rate expectations.
After the hashprice metric approached the $40 per petahash per second (PH/s) mark, the latest decline in Bitcoin’s price caused hashprice to fall, reducing mining profitability since May 14. The following day, the situation worsened further due to a difficulty adjustment, which increased mining difficulty by 3.12% compared to the previous epoch.
$XRP continued trading under pressure this week after losing momentum near the important $1.50 resistance zone. The asset dropped toward the $1.38 area, reflecting growing caution across the broader crypto market. Although long-term sentiment has not yet fully turned bearish, short-term indicators are now favoring sellers after several failed recovery attempts.
American corporation Strategy carried out another expansion of its corporate Bitcoin reserve. According to Michael Saylor’s report, the company purchased another 24,869 $BTC last week for approximately $2.01 billion. Following the new purchase, the company’s Bitcoin strategy yield since the beginning of 2026 reached 12.6%.
18 травня Bitcoin торгувався на рівні близько $77 033, опустившись нижче позначок, які ринок відновлював протягом останніх двох тижнів. Падіння відбулося на тлі різкого зростання прибутковості американських держоблігацій: дохідність 30-річних treasuries закрилася на максимумах із часів фінансової кризи 2008 року. Одночасно трейдери майже повністю виключили ймовірність зниження ставки ФРС у 2026 році.
Zcash continued consolidating this week after its explosive rally toward the $640 area. The privacy-focused cryptocurrency is now trading near $530, where buyers are attempting to stabilize price action above critical technical support levels. Despite the recent pullback, the broader market structure still favors bulls as traders assess whether momentum can recover for another move toward recent highs.
Trump visited China and returned to the United States with a substantial package of agreements — ranging from purchases of American grain to a shared position on Iran’s nuclear program. The visit, which took place from May 13–15, 2026, concluded with a detailed White House statement and significantly more restrained comments from Beijing.
On Monday, Bitcoin fell below the $77,000 level, extending its weekend losses as rising global bond yields and oil prices amid escalating tensions surrounding Iran dampened investor appetite for risk assets.