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ResolvedCrypto

Crypto Markets Face Worst Week Since July 2024 as BTC and ETH Near Critical Levels

First Detected: Jun 5, 2026, 11:28 AM
Last Update: 3 months ago
26 articles·3 stories

Event Summary

Crypto markets are experiencing their worst weekly performance since July 2024, with Bitcoin breaking through the critical $60,000 psychological and technical support level. The market faces downward pressure from a Zcash exploit and a rotation of capital into the AI sector. Analysts note a growing divergence between Bitcoin and tech stocks as AI spending surges, while Ether prices also approach critical support levels that could determine future market direction.

Timeline

Crypto Faces Summer Lull as Bitcoin Diverges from AI-Driven Tech Rally
Jun 9, 2026, 3:40 PMImpact: 4
Bitcoin Hits 4-Month Low as $62B Erased from Related Treasuries
Jun 5, 2026, 4:18 PMImpact: 7
Crypto Markets Face Worst Week Since July 2024 as BTC and ETH Near Critical Levels
Jun 5, 2026, 11:28 AMImpact: 7

Price Impact

Since event start
BTC+25.64%
ETH+47.55%