#bitcoin
Bitcoin is experiencing significant downward pressure, trading around $60,000–$62,500 as of June 5, 2026, amid a broader crypto market selloff.
This marks a sharp decline from recent highs (all-time high around $126,000 in late 2025), with Bitcoin down roughly 4-5% in the last 24 hours and over 15% in the past week. The market is in “extreme fear” territory according to sentiment indicators. #nostr
