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Crypto Market Report — June 5, 2026
Market OverviewThe crypto market is in a bearish downturn on June 5, 2026, with broad declines across major assets. Key prices:
Bitcoin (BTC)~$63,360 +0.35%
Ethereum (ETH) ≈ $2,030 −5.56%
BTC Market Cap~$1.22 trillion, declining
ETH Market Cap~$204.6 billion, declining
Bitcoin briefly dropped below $62,000, touching $61,000 amid rising liquidations.
Extreme Price Movements (Top 50 by Market Cap)
Top Losers (24h):
Zcash (ZEC)−30.34%
Cardano (ADA)−20.02%
Venice Token (VVV)−19.61%
NEAR Protocol (NEAR)−19.40%
Injective (INJ)−14.93%
AI Alliance (FET)−14.51%
Toncoin (TON)−11.39%
Top Gainers (Top 50)
Bitcoin Cash (BCH) +1.39%
Bitcoin (BTC)+0.35%
Zcash experienced the most extreme decrease among top-50 chains at −30.34%.
Liquidation ReportTotal 24h Liquidations: ~$1.1–1.76 billion
Liquidations topped $1.1 billion as Bitcoin tumbled
Recent 24h event: Over $1.76 billion liquidated—the 3rd-largest liquidation event of 2026 May 8, 2026: $202 million liquidated (longs: $49M, shorts: $153M)
Likely Causes: Risk-off sentiment dominating trading—investors fleeing to safer assets
Forced position unwinds creating downside pressure
Bitcoin's decline from $64K toward $61K triggering cascading long liquidations
Market uncertainty with no major DeFi/NFT catalysts to support prices