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

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

Zcash

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.

Bitcoin Price Plunges Below ‘Fire Sale' Territory as Fear Index Reads 12 — Echoing the FTX Crash

XRP (CRYPTO: XRP) could be better positioned than Bitcoin (CRYPTO: BTC) for a rebound thanks to growing ETF demand, according to a prominent market commentator. XRP Could Outperform Bitcoin In an X post on June 4, analyst Cryptoinsightuk said nearly all downside hourly liquidity in XRP has already been cleared, while upside liquidity now far exceeds remaining downside targets.

XRP, Bitcoin Both Crashed But One Will Be Faster On The Reversal, Analyst Says

Solo bitcoin miners running desktop-sized hardware are still finding full blocks in 2026, and the data from several active solo mining pools makes clear this is no longer a fluke. A Recent Solo Win Puts the Spotlight Back on Home Mining A solo miner hit a bitcoin block recently, collecting the full 3.

Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here's How

Demand for peptides fueled by the "looksmaxxing" trend has spawned a $100 million gray market paid for primarily with crypto.

'Looksmaxxing' Trend Spawns $100M Gray Market Fueled By Bitcoin, Stablecoins: Chainalysis

Bitcoin's recent crash may have found a durable bottom near $60,000 because that level roughly matches the production cost of the most efficient miners, creating an energy-based floor.

Schwab Strategist: Bitcoin's $60,000 Mining Cost Could Mark the Cycle Bottom

Dogecoin

Bitcoin traded near $63,000 on Thursday as cryptocurrency markets extended their decline amid more than $1 billion in liquidations, worsening fear sentiment. Strategy (NASDAQ:MSTR) executive chairman Michael Saylor attributed the drawdown to a $400 billion capital rotation into AI-related investments.

Bitcoin Falls To $63,000 As Ethereum, XRP, Dogecoin Slide 4% On $400 Billion AI Capital Rotation

After a flash crash toward $61,000, bitcoin briefly rebounded to $64,600 before stabilizing just under $64,000. Despite trimming its losses, it remained down 3.2% daily, 14% weekly, and nearly 30% year-to-date in 2026.

Bitcoin Traders Dump Long Bets as $636M Gets Wiped Out in One-Day Rout

Bitcoin remains pseudonymous by design, but real-world threats from exchanges and data leaks demand stronger protections. Experts highlight Sparrow Wallet, Bisq, and Boltz as key 2026 solutions for on-chain and off-chain privacy.

Bitcoin Privacy in 2026: A Practical Guide

Bitcoin traded just above $63,000 on Thursday around 12 p.m. EDT, after shedding 17% over the past fortnight, as investors increasingly weigh the potential impact of a historic wave of artificial intelligence (AI) public offerings expected to hit markets over the coming months.

$3 Trillion AI IPO Wave Could Pull Capital From Bitcoin as Investors Chase New Market Giants

Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.

'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000

With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.

Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%

“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.

Chainalysis says ‘top-tier' gray market peptide vendors turn to bitcoin and stablecoins

Solana

Bitcoin (CRYPTO: BTC) may not have found its bottom yet, with veteran trader Gareth Soloway warning that the cryptocurrency could still retest $60,000 before a durable recovery forms. "Don't Think We've Reached A Bottom Yet" Speaking with Paul Barron on June 3, Soloway said Bitcoin's current structure resembles a larger bear flag, with recent sideways price action following a steep decline.

Bitcoin, Ethereum, Solana Plunge Over 10% In 1 Week: What Does Technical Analysis Say?

Professional investors cut their bitcoin ETF exposure sharply during the first quarter of 2026, but fresh filings show banks, advisors, and sovereign entities continued adding positions despite a deep market downturn.

News for Bitcoin Crypto (BTC)