4h ago
Crypto market cap falls to $2.19T from $4.28T as 2025 drawdowns deepen
As of 4 June 2026 at 11:15, the total crypto market cap is $2.19T, down from a $4.28T peak, a roughly $2.09T contraction (nearly 49%). Across major assets, Bitcoin is down about 49% from its 2025 high, while several large altcoins show steeper pullbacks, including SOL at 76% and ADA at 85%. The report argues the widening gap highlights a stronger flight-to-quality dynamic and notes the cycle low could still be months away if historical patterns persist.
NEAR
NEAR-18.59%
4h ago
5h ago
XRP Slides Below $1.15 as Whales Cut 60M Tokens; Analysts Warn of Sub-$1 Risk
XRP fell to a fresh four-month low just under $1.15 after a roughly 25% drop from its recent $1.55 test. Data cited by Ali Martinez shows whales sold or redistributed 60 million XRP over the past week, while US spot XRP ETFs recorded a red day on June 3 with more than $5 million in net inflows. Analysts said a key support break could open the door to moves below $1.00 unless XRP reclaims $1.30.
XRP
XRP-4.42%
5h ago
5h ago
Bitcoin Retests $62K February Low as Sentiment Hits Extreme Fear
Bitcoin has slid back over the past month after May's recovery attempt, retesting the February low around $62K while crowd sentiment drops into extreme fear. At the same time, real-flow and positioning measures show a controlled weakening rather than clear capitulation. The setup hinges on whether $62K holds or breaks, with follow-through depending on sentiment turning up and flow structure stabilizing.
BTC
BTC-5.07%
5h ago
5h ago
Bitmine Files for $300M 9.50% Series A Perpetual Preferred Stock to Add ETH
Bitmine Immersion Technologies (NYSE: BMNR) said on June 3, 2026 it filed with the SEC for a $300 million 9.50% Series A Perpetual Preferred Stock offering, aiming to fund additional ETH purchases and other corporate uses. The company reported holding 5,416,901 ETH as of May 31, 2026 and expects staking income of up to $296 million annually, versus an estimated $28.5 million yearly dividend cost. Bitmine also applied to list the preferred shares on the NYSE under BMNP, with trading anticipated within 30 days of issuance if approved.
ETH
ETH-5.24%
5h ago