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.
At 8:30 a.m. Eastern Daylight Time (EDT) on 4 June 2026, Bitcoin was trading at $63,444, with its Relative Strength Index (RSI) at just 17, while all 14 tracked moving averages pointed lower. As a result, the swing low at $61,310 became the focus of every active trader. The technical picture is clearly bearish on the daily, 4-hour and 1-hour charts, although oscillator readings pointing to deep oversold conditions keep the possibility of a short-term rebound alive.
Bitcoin remains under significant pressure after a sharp decline that pushed the cryptocurrency below several major technical support levels. Although recent trading activity shows some stabilisation near local lows, the broader market structure continues to favour sellers. At the same time, rising derivatives activity and persistent exchange outflows create a more complex picture for investors assessing Bitcoin’s next move.
Solana ($SOL) continues to face growing pressure as sellers maintain control of the market following a sharp decline from recent highs. The cryptocurrency is now trading near $68.5 after losing several important support levels that had previously helped stabilise price action. Market participants remain cautious, as weakening sentiment, declining capital flows and a fragile technical structure point to continued downside risks.
Declines in the crypto market are leading to capital outflows from exchange-traded funds based on BTC, $ETH, SOL and $XRP. On Wednesday, issuers of spot Bitcoin ETFs recorded capital withdrawals for the 13th consecutive trading day. In total, outflows have amounted to $4.37 billion since mid-May.
$XRP is trading at $1.1736 on 4 June, entering the macro support zone that EGRAG Crypto calls the most important structural decision point of the current cycle, as June is opening below both the 50 EMA and the white macro trendline for the first time in many years.
The latest price movement pushed $ETH below the $1,800 level watched by analyst Ali Martinez. It also brought the asset closer to its weakest zone since April 2025, when $ETH fell to $1,400 before a recovery rebound followed.
On 3 June, $XRP reached a new yearly low of $1.188 amid a broader cryptocurrency sell-off, losing nearly 34% over the year before stabilising slightly below $1.22.
For 13 consecutive days, investors have been withdrawing money from spot cryptocurrency exchange-traded funds. In total, they have pulled more than $4 billion from Bitcoin ETFs over this period.
Bitcoin dropped to nearly a four-month low on Thursday, extending its decline as negative sentiment continued to weigh on cryptocurrency markets. Escalating tensions in the Middle East increased risk aversion among investors and pushed capital toward safer assets.
On June 4, Bitcoin briefly dropped to around $61,300, marking one of its sharpest declines in recent months. The asset later recovered part of its losses and climbed back above $64,000. The last time Bitcoin traded near these levels was in February 2026.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that it will shut down its Binance $NFT service on 3 July. The exchange explained the move by its desire to “shift focus to Web3 services” and develop its own non-custodial wallet, Binance Wallet.
According to Microsoft, malicious software hidden in npm packages has been found stealing cryptocurrency wallet credentials without users' knowledge.
Bitcoin miners finally had a reason to celebrate as their revenue posted its strongest growth in four months, surpassing the $1 billion mark for the first time since January. However, the momentum has slowed dramatically as Bitcoin fell below $66,000 on Tuesday before staging only a modest recovery the following day.
Bitcoin has once again become the focus of market attention after prediction markets began assigning nearly even odds that the cryptocurrency could fall below $50,000 before the end of 2026.
Ethereum continues to trade under pressure as investors assess whether the recent decline has reached exhaustion or if another wave of selling lies ahead. The second-largest cryptocurrency is struggling to regain momentum after a sharp drop from higher levels, prompting traders to focus on a key support zone that could determine the market’s next major move.
Bitcoin plunged sharply below the $66,000 level after a new escalation of tensions between the United States and Iran. On Coinbase, the price of $BTC fell to as low as $65,385, marking its lowest level since late March.
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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