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.

Cryptocurrency

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.

Cryptocurrency

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.

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.

Cryptocurrency

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.

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.

Joshua Lim, Head of Markets at FalconX, stated that Hyperliquid has become one of the most liquid trading venues in the cryptocurrency market. Demand for its services from hedge funds and institutional investors continues to grow as capital flows out of Bitcoin and Ethereum.

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.