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Major cryptocurrencies plunge with Bitcoin down 6% and Ethereum down nearly 12%.

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

Cryptocurrency markets saw significant declines, with Bitcoin falling 6.02% to $60,071 and Ethereum dropping 11.84% to $1,564. Other notable coins like Binance Coin, XRP, and Cardano also experienced sharp losses, some exceeding 15%. This widespread sell-off reflects increased market volatility and investor caution, possibly influenced by broader economic factors or regulatory concerns. Investors should watch for further market reactions and potential stabilization signals in the coming days.

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