Cryptocurrency

2026 has been a difficult period for the cryptocurrency market: since the start of the year, each of the five largest crypto assets by market capitalisation has posted double-digit losses. Among this group, Solana ($SOL) has suffered the most, losing more than 47% of its value since January 1. To understand where the market may head next, we asked several leading modern artificial intelligence (AI) models to forecast the year-end prices of $BTC, $ETH, $BNB, $XRP and $SOL. Their answers were, to put it mildly, intriguing.

The series of outflows from Ethereum ETFs continues to weigh on demand. Spot $ETH ETFs recorded another weekly outflow of $168.2 million, extending the withdrawal streak to four consecutive weeks. With institutional demand declining, Ethereum has lost a source of liquidity that had previously absorbed supply during market downturns.

According to the data, Strategy, led by Michael Saylor, has suffered total losses of more than $12.4 billion on its Bitcoin portfolio, while BitMine, led by Tom Lee, has lost more than $10 billion on its Ethereum portfolio.

Cryptocurrency

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.

Shares of the company led by Tom Lee fell another 5.9% on Wednesday, dropping below $17 and extending their decline to 28% since the beginning of May. The stock has now fallen below its February lows to the lowest level since the company announced its shift to an Ethereum treasury strategy in 2025.

Cryptocurrency

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.

BitMine Immersion Technologies, the largest corporate holder of Ethereum, has filed with the U.S. Securities and Exchange Commission to publicly offer 3 million Series A perpetual preferred shares.

Trading

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.

James Fickel, a well-known investor in Ethereum closely watched by the cryptocurrency market, has carried out his first major asset transaction in approximately six months. According to blockchain data, Fickel transferred a total of 10,000 ETH from a wallet held with Coinbase Custody to an external address.

Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that Strategy’s recent Bitcoin sale may signal the beginning of a new period of Ethereum strengthening relative to Bitcoin.

Cryptocurrency

Ethereum has fallen below the key $2,000 support level as institutional outflows, geopolitical tensions, and a bearish technical breakdown continue to weigh on market sentiment.

Trading

Ethereum was trading at $1,977 on June 1, entering its historically worst calendar month below the $2,000 level for the first time since 2023. At the same time, the monthly chart shows the CRT candle range low at $1,750, while the lower daily Bollinger Band sits at $1,936.

Bitmine, a publicly traded company known for its Ethereum-focused investment strategy, has significantly increased its Ethereum holdings through new purchases over the past week. According to the company's statement, Bitmine acquired 26,497 ETH last week for approximately $53.07 million.

Cryptocurrency

In May 2026, the cryptocurrency market ended the month in the red. Bitcoin lost 3.41%, while Ethereum declined by 11.07%, according to CoinGlass data.

Ethereum has fallen below $2,000 for the first time in several months, but retail investors do not appear to be showing much alarm yet. According to analysts, Ethereum has entered a decisive breakout phase of its main technical structure. If selling pressure continues, the next downside target could be the $1,750 area.

Cryptocurrency

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.