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.
During the night of 5–6 June 2026, Bitcoin briefly fell below the $60,000 mark, triggering large-scale liquidations in the derivatives market. According to CoinGlass, positions held by 349,549 traders worth a total of $1.81 billion were forcibly closed over the past 24 hours. The event became one of the largest liquidation cascades of the year and returned Bitcoin to levels last seen in October 2024.
On Friday, 5 May, the price of Bitcoin fell by almost 5% in one day to $60,541, while weekly losses reached around 18%, the Financial Times reports. According to the publication, Bitcoin came close to its largest weekly loss since November 2022.
On 5 June, the price of Bitcoin ($BTC) fell below $60,000 per coin, losing more than 6% in one day and almost 20% since the beginning of the month. At the same time, the price of Ethereum ($ETH) dropped below $1,600, losing more than 10% in one day and more than 20% of its value since 1 June.
While Bitcoin’s ($BTC) spot price is moving sideways around the $60,900 mark, blockchain data provides investors with an important roadmap. According to data from Bitcoinsistemi.com, the realised price, which represents the average cost basis for all investors in the market, currently stands at $53,700.
Cardano is trading at $0.1670 on 5 June, reaching its lowest price since late 2020 after Charles Hoskinson announced a break following the closure of the analytics platform TapTools, the community vote to cancel the 2026 Singapore summit and his own warning about an approaching wave of ecosystem failures.
$XRP remains under strong pressure as technical weakness, declining speculative activity and persistent capital outflows continue to weigh on market sentiment. The cryptocurrency has lost several important support levels in recent weeks, leaving traders focused on whether buyers can defend the area around $1.10.
$XRP’s path to $2 by the end of June has become more difficult after the token dropped towards key support levels. The latest charts show price pressure near February lows, while analysts are watching whether buyers can defend the lower range before any recovery attempts begin.
Solana ($SOL) has hit its lowest level in 2.5 years, erasing the gains it made last year during the memecoin frenzy and the trend of public companies accumulating crypto reserves. On 5 June, the price of $SOL fell below $64 for the first time since December 2023.
Bitcoin price started a fresh decline below the $65,000 zone. $BTC is showing bearish signs and might continue to move down if it dips below $62,000.
Ethereum ($ETH) has hit a new yearly low and completely erased the gains driven by purchases from Tom Lee’s BitMine and other public companies that created digital asset treasuries (DATs) based on the altcoin. The price of Ethereum fell below $1,700 for the first time since April 2025.
The price of Zcash ($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.
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.
$NEAR stood out sharply against the backdrop of a weak crypto market. While the total capitalisation of digital assets fell by 3.7%, the Near Protocol token gained almost 20% over 24 hours and climbed to $2.75.
Crypto exchange Coinbase has announced the launch of perpetual futures contracts on shares of companies that have not yet held an initial public offering (IPO). The first such company will be SpaceX, whose stock market debut is expected in June 2026.
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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