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Bitcoin falls to $62,500, down 50% from its September 2025 peak amid weak tech stocks and sell-offs.

Market News
05 Jun 2026
CNBC
View Source
Bearish
pluang ai news

Bitcoin's price dropped to $62,500, marking a 50% decline from its all-time high of $126,000 in September 2025. The fall was driven by a crypto treasury company's partial sell-off and a broader tech stock downturn after disappointing earnings from Broadcom. Despite some positive regulatory news, bitcoin has not rebounded and remains just above the $60,000 level, a key psychological threshold. Some experts see this dip as a buying opportunity, citing strong long-term fundamentals for bitcoin.

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Sigenergy launches SigenStor Neo, an AI-powered home energy system for total energy independence.

Sigenergy launches SigenStor Neo, an AI-powered home energy system for total energy independence.

Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system designed to provide complete energy independence. The system integrates five core components into one unit and supports dynamic electricity pricing...

Others
Bullish
1 hour ago
Global gauze bandage rolls market to reach $3.19B by 2035, growing at 4.97% CAGR driven by rising wound care demand

Global gauze bandage rolls market to reach $3.19B by 2035, growing at 4.97% CAGR driven by rising wound care demand

The global gauze bandage rolls market, valued at $1.96 billion in 2025, is projected to grow to $3.19 billion by 2035 at a CAGR of 4.97%. Growth is fueled by increasing surgeries, chronic wound care needs, and demand for advanced antimicrobial produc...

Market News
Bullish
2 hours ago
Batmobile Racing wins double at Fuji Speedway with Fasoul-Lightec partnership debut

Batmobile Racing wins double at Fuji Speedway with Fasoul-Lightec partnership debut

Batmobile Racing, partnered with Fasoul and Lightec, secured a double victory in the Pro class at the Lamborghini Super Trofeo Asia held at Fuji Speedway. Drivers William Tregurtha and Jonathan Cecotto led the races with their Lamborghini Huracán Sup...

Others
Bullish
3 hours ago
Ilika raises £4.56m to advance solid-state battery tech for medical and EV markets

Ilika raises £4.56m to advance solid-state battery tech for medical and EV markets

Ilika PLC, a UK solid-state battery developer, raised £4.56 million through an oversubscribed share placing to commercialize its battery technology. The funds will support two battery lines: Stereax, for medical devices like pacemakers, and Goliath, ...

Company Fundamentals
Bullish
4 hours ago
Ripple joins Open USD Stablecoin Consortium with Visa and Mastercard backing

Ripple joins Open USD Stablecoin Consortium with Visa and Mastercard backing

Ripple has become a member of the Open USD Stablecoin Consortium, a group supported by major payment companies Visa and Mastercard. This consortium aims to promote the development and adoption of USD-backed stablecoins, which are digital currencies p...

Market News
Bullish
4 hours ago
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