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.
Spot Bitcoin ETFs recorded 13 consecutive days of net capital outflows between May 15 and June 3. This is the longest outflow streak since these products were launched in early 2024.
Despite the recent recovery in the cryptocurrency market, it is noted that there have been no significant changes in the technical outlook for the price of $XRP. According to analyses, despite recent attempts to rise, $XRP continues to move within a descending price channel and has been unable to break the broader downtrend.
Zcash Open Development Lab (ZODL) founder Josh Swihart reported that a critical vulnerability in the Orchard shielded pool had been fixed. Against this backdrop, the asset’s price began to recover after a major decline.
Cardano is trading at $0.169 on June 8, slightly rebounding from lows of $0.1500, which marked the most oversold weekly RSI reading in $ADA’s history. At the same time, data on $BTC supply in loss and derivatives positioning suggest that the broader crypto market may have printed a cyclical bottom.
Bitcoin edged higher on Monday, stabilising after last week’s sharp decline. Sentiment in the crypto market remains fragile amid continued institutional selling and rising tensions in the Middle East.
The chances of the CLARITY Act passing this year have fallen to 60%, according to Galaxy Digital. The previous estimate was higher, but Washington now has too little time left before the August recess.
On June 7, 2026, at 8:35 a.m. Eastern Time (EDT), Bitcoin ($BTC) was trading at $61,822, caught between strong oversold conditions on shorter timeframes and persistent pressure from moving averages on the daily chart. The technical picture this weekend is mixed but clearly tilted bearish, with the $63,000 level standing out as the most important area on current charts.
This week, Bitcoin fell to its lowest level of 2026, dropping to $59,100 per coin, and its price now sits just over 50% below the all-time high of more than $126,000 reached by the leading crypto asset. Meanwhile, a significant part of the altcoin market has suffered much sharper declines, with many well-known digital assets posting losses of more than 95% from their peak valuations.
Bear market comments and speculation have returned to the cryptocurrency space after Bitcoin erased more than $400 billion from its market cap in a matter of weeks, falling from over $82,000 to a Friday low of $59,000 — its lowest level in 19 months.
$XRP traded near $1.16 on June 7 after a sharp weekly sell-off pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak.
Bitcoin rose above $62,000 on Sunday, recovering from its 2026 lows after a sharp market sell-off that wiped hundreds of billions of dollars from the value of digital assets, CoinDesk reported.
Between 1 and 5 June 2026, the spot Bitcoin ETF sector recorded capital outflows of $1.72 billion. This was the second-largest negative result in the entire history of these products, according to SoSoValue data.
Bitcoin rebounded above $61,000 on Saturday after briefly falling below the key $60,000 level, as traders assessed the fallout from a broad market sell-off triggered by stronger-than-expected US employment data.
Friday’s mass cryptocurrency sell-off pushed the total market capitalisation of altcoins down to $880 billion. Zcash suffered the heaviest damage among major tokens, with its price plunging by more than 40% to $264.80.
The push to pass the CLARITY Act is gaining momentum as lawmakers seek to introduce federal rules for digital asset markets. The proposal has received support from congressional leaders, industry organisations, consumer advocacy groups, national security veterans, and President Donald Trump.
Bitcoin is testing a major support area after losing the $80,000 region and rejecting key moving averages. Analysts now point to the low-$60,000 zone as the main level to hold, while a deeper break could bring the $48,700 and $40,000–$50,000 areas into focus.
Bitcoin’s sharp decline is fuelling debate over whether investors are selling liquid crypto positions to chase the SpaceX IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows and Strategy’s small $BTC sale as contributing factors.
Over the past four weeks, the cryptocurrency $NEAR Protocol ($NEAR) has risen by almost 100%, and over the past week — by 55%, becoming one of the top gainers among major altcoins. The rally coincided with the announcement of a series of blockchain upgrades related to privacy, cross-chain transfers, protection of artificial intelligence (AI) users’ data, and network scaling.
At the beginning of 2026, many investors were confident that the next major move by the Federal Reserve would be an interest rate cut. A significant part of the bullish scenario for Bitcoin and the broader crypto market was built around that expectation.
The Hyperliquid token has once again become the centre of attention, as traders are turning increasingly bullish following aggressive buying activity and stable on-chain metrics.
Solana is trading at a 71% discount from its all-time high. Here’s why. Since its launch in 2020, Solana has often been described as “the next Ethereum.” However, despite being faster and cheaper than Ethereum, Solana has not lived up to those expectations.
The tokenised equities market has accelerated sharply. Over the past year, the value of digital versions of traditional securities on blockchain networks has grown from $37 million to $1.5 billion — an increase of more than 40 times. This surge highlights growing investor demand for access to US equities through crypto infrastructure, without traditional brokerage accounts or complex onboarding procedures.
Chainlink, Ethereum, Kaspa, Sui, and $NEAR have spent recent months in an extended accumulation phase characterized by low volatility. All five assets are now approaching critical levels where movement may begin, each supported by its own May catalyst.
On April 21, 2026, Coinbase’s Independent Advisory Board on Quantum Computing and Blockchain published its first report. It states that the quantum threat is real and that blockchains must begin implementing cryptographic protections now.
For a long time, stablecoins were seen purely as a tool for traders. Useful, but almost invisible. They served as a way to quickly enter and exit volatile assets without dealing with fiat. Essentially, they were just an intermediate layer of liquidity, not a standalone instrument.
The rapid growth in the number of crypto tokens is significantly outpacing the value they generate, creating a major issue for the industry, according to Michael Ippolito. He shared his analysis in a series of posts on X, illustrating the situation with six charts. While total crypto market capitalization appears strong, a deeper look reveals a different picture.
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