$BTC ๐จ Crypto News Today โ June 4, 2026
โฟ Bitcoin (BTC)
Bitcoin fell sharply this week and briefly touched the $61K area before recovering toward $64K.
More than $1.7 billion in crypto liquidations were reported during the recent market volatility. ๏ฟฝ
The Economic Times +1
Analysts point to heavy ETF outflows and reduced investor demand as key reasons for the decline. ๏ฟฝ
Reuters +1
โ Ethereum (ETH)
Ethereum also moved lower alongside Bitcoin as the broader crypto market weakened.
Traders are watching major support levels while market sentiment remains cautious. ๏ฟฝ
Fortune +1
๐ฅ Top Crypto Headlines
ETF outflows from Bitcoin-related funds have exceeded $2 billion recently, adding pressure to the market. ๏ฟฝ
Reuters +1
Some analysts still expect Bitcoin to recover later in 2026 despite the current downturn. ๏ฟฝ
Reuters
Crypto market volatility remains high, with large liquidations and rapid price swings across major coins. ๏ฟฝ
99Bitcoins +1
๐ Market Outlook
Short-term: Bearish โ ๏ธ
Medium-term: Neutral ๐
Long-term: Bullish ๐ข (according to some institutional analysts) ๏ฟฝ
Reuters
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