Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Ethereum

Solana

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have fallen between 15% and 20% over the past week, pushing sentiment deeper into fear territory. Bitcoin Flashes Rare Oversold Signal Crypto analyst Lark Davis noted on June 4 that Bitcoin's daily RSI dropped to 17, one of the most oversold readings in the past decade and a level previously seen during the March 2020 COVID crash and February 2026 selloff.

Bitcoin, Ethereum, Solana Sentiment Hits COVID Level Lows: Is The Bottom In?

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit.

Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days

Bitcoin price remains under pressure, yet five separate data points suggest fear may be creating one of the best accumulation setups in years.

5th Worst Bitcoin Price Action Ever — I'm Buying At 99.8% Probability

Bitcoin (BTC) markets have experienced significant pressure throughout the first week of June 2026, dropping toward the $60,000–$64,000 range.

The "Strategy" Sale and the Bitcoin Treasury Debate

Bitcoin's (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Investment Officer Matt Hougan. ETF Selling In a podcast interview with Scott Melker on June 5, Hougan highlighted that Bitcoin ETFs have seen roughly $4 billion in outflows across 12 consecutive trading days, marking the worst withdrawal streak since launch.

Bitcoin's 25% Drop To Low $60,000s Is 'Classic Crypto Winter' Behavior, Expert Says

All twenty constituents in the CoinDesk 20 index were trading lower since yesterday.

CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines

Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new ​listings such as SpaceX lure away capital from the world's largest cryptocurrency.

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.

Bitcoin, ether ETFs end 13- and 17-day outflow streaks as traders rotate into equity perps ahead of NFP: analysts

Wall Street giants have revealed they are quietly plotting a “big” crypto move

A ‘Big Move' Is Coming—Wall Street Quietly Reveals a ‘Radical' Crypto Bombshell As Bitcoin Price Crash Suddenly Accelerates

Bitcoin (CRYPTO: BTC) around $62,000 is sitting directly on the 200-week moving average, a level that only broke during the FTX, Terra, and Three Arrows Capital collapses in 2022. ETF Outflows Finally Printed One Green Day After $5B Exit After four weeks of relentless selling that drained ETF net assets from $109 billion to $80.40 billion, June 4 printed a modest $3.05 million net inflow.

Bitcoin Drops 25% In 1 Month: How Does This Crash Compare To 2022?

Zcash

Zcash plummetted 40% as Shielded Labs revealed a major bug that went undetected for four years

Live updates: bitcoin below $62,000 ahead of jobs data as Zcash bug rocks crypto

Bitcoin looked set to cap a dismal week on Friday as prices fell to $62,500.

Bitcoin caps a dismal week as price wallows 50% below its all-time high

In recent weeks, bitcoin BTC$61,875.23 sentiment has been most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering May 21 through June 4.

Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops

Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.

Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels

Grayscale said Strategy's ability to accumulate more bitcoin is limited at the current STRC and MSTR share prices.

Grayscale says bitcoin needs other buyers to find a ‘sustainable bottom' amid Strategy BTC sale

U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.

Bitcoin and ether ETFs end record multi-billion outflow streak

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.

Here's what could happen if bitcoin breaks below $60,000

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

Bitcoin has reached Peter Brandt's February downside target, but the veteran trader says BTC could still move lower before forming a tradable bottom. In an earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 2029.

Peter Brandt Warns Bitcoin May Drop Further as October Becomes Key Window

A first-of-its-kind bitcoin-backed mortgage has entered the U.S. housing market. Coinbase and Better funded the first Fannie Mae-backed mortgage using bitcoin collateral, creating a new option for homebuyers with wealth held in digital assets.

Fannie Mae-Backed Bitcoin Mortgage Heads Nationwide

The project, managed by Adecoagro, an agricultural powerhouse, will constitute one of the first initiatives of its kind in Latam. Matheus Lechuga, project manager at Adecoagro, stated that at this first stage, the company seeks to achieve energy efficiency.

Sugarcane-Powered Bitcoin Mine to Launch in Brazil With Tether Backing

Bitcoin's recent pullback is testing the institutional-adoption thesis, but Anthony Pompliano argues the decline reflects normal capital rotation and Bitcoin's maturation into a mainstream financial asset.

Bitcoin's Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish

Traders across multiple prediction markets are pricing a significant downside move for bitcoin well ahead of any recovery toward six figures. As of 3:30 p.m. EDT on June 4, 2026, bitcoin is trading at $63,826, down roughly 2.8% on the day.

Polymarket Traders Put 62% Odds on Bitcoin Dropping Below $60K This June

Bitcoin price plunged below the Bitcoin Rainbow Chart's lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank to 12.

News for Bitcoin Crypto (BTC)