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.
On July 23, 2025, the price of BNB climbed above the $800 mark — a new historical high. In the last 24 hours, the asset appreciated by about 5%, and by 15% over the past week, according to CoinGecko. At the time of writing, BNB is trading near $796.
Miners now have less than 6% of all bitcoins left to mine. Out of the total 21 million BTC supply, 19.9 million coins have already been created — nearly 95% of the total.
More than 913,111 native Ethereum tokens (ETH) have been permanently lost due to user errors and smart contract failures, according to Conor Grogan, director at leading U.S. centralized exchange Coinbase (NASDAQ:COIN). These tokens represent over 0.76% of the total circulating supply and are valued at $3.43 billion.
For the first time since February 2025, Solana (SOL) has surged past the $200 mark after an impressive 26% daily gain. The altcoin's market capitalization has surpassed $14.26 billion.
New Hampshire, Arizona, and Texas have already passed legislation to create bitcoin reserves. Meanwhile, similar initiatives were rejected in Pennsylvania, Montana, North Dakota, South Dakota, and Wyoming. In 17 other states, similar bills are still under review
Last week, the trading volume of altcoin futures on the Binance Futures platform reached a record high.
The largest U.S. crypto exchange, Coinbase, has launched perpetual futures trading for U.S.-based users. The platform offers contracts on Bitcoin and Ethereum.
According to Coinmarketcap, altcoin season has begun, with 75% of the top 100 tokens outperforming Bitcoin in growth dynamics over the past three months.
Polymarket founder and CEO Shayne Coplan announced that demand for prediction markets is growing, and acquiring QCEX “will allow Americans to trade on a regulated prediction market platform.”
The Pudgy Penguins NFT collection has surpassed the famous Bored Ape Yacht Club in market capitalization, climbing to second place in the overall rankings. This was driven by a 385% increase in the value of the PENGU token over the past five weeks.
The altcoin season may start soon, given the combination of several factors signaling a potential increase in liquidity. A possible outflow of capital from Bitcoin and a massive inflow into stablecoins could set the stage for a rally in the altcoin market.
US President Donald Trump wants to allow $9 trillion in pension savings to be invested in cryptocurrency.
Bitcoin climbed above $120,000 during Asian trading on Friday, heading for its fourth consecutive week of gains after the US House of Representatives passed three bills aimed at improving the regulatory framework for cryptocurrencies.
XRP’s price has reached a new all-time high this year, hitting $3.44, with its market capitalization climbing to $202 billion. The altcoin is now aiming for new heights.
Ethereum was trading at $3,347.29 at 22:10 (19:10 GMT) on the Investing.com Index on Wednesday, marking a 10.11% increase over the day. This was the largest daily gain for the cryptocurrency since May 10.
According to two artificial intelligence (AI) models, Bitcoin (BTC) is expected to trade around $130,000 at the beginning of August, driven by steady institutional demand and favorable macroeconomic conditions.