Bitcoin (BTC) continued its slide Wednesday, last trading around $67,000–$68,000, according to data from Coinmarketcap. The top token slid below $70,000 on Tuesday – its lowest level since April – and is now down 5.43% in 24 hours.
Total market capitalisation sat at approximately $2.3 trillion, down from highs above $4.28 trillion in October. Bitcoin dominance held at around 58.1%, per Coinmarketcap, reflecting continued relative outperformance against the broader market even as the absolute price declined.
Spot Bitcoin ETFs recorded $483.8 million in net outflows on Monday 2 June, according to SoSoValue data, the first daily reading of the new trading week and a continuation of the trend that defined May. Bitcoin ETFs closed May with $2.3 billion in net outflows – the largest monthly redemption of 2026 and the steepest since November 2025, per data cited by Yahoo Finance. That reversed two consecutive months of net buying: April added $1.97 billion and March added $1.32 billion. The cumulative net inflow across the Bitcoin ETF complex has slipped to $55.79 billion from $58.09 billion in April.
Ethereum (ETH) fared worse in percentage terms. The second-largest cryptocurrency by market capitalisation fell through the $2,000 level, last trading around $1,852, per Coinmarketcap data. Ethereum ETFs also remained under pressure, losing $241 million across the prior week and more than $712 million over three weeks, according to SoSoValue data. Ethereum's market capitalisation stood at roughly $233 billion, compared to Bitcoin's approximately $1.33 trillion.
Solana (SOL) was trading around $74.31 as of press time, giving the network a market capitalisation of approximately $42.99 billion. Solana has been the subject of renewed institutional interest through its recently launched spot ETF products in the United States, which has recorded inflows, even as Bitcoin and Ethereum ETF products saw outflows, according to Farside Investors data.
24-hour trading volume across the market was approximately $115 billion, per CoinGecko. Bitcoin's 30-day decline stands at roughly 14%, and the asset remains well below its October 2025 all-time high of $128,198, per Yahoo Finance data.
