Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

A week that began with Strategy's bitcoin sale ended with one of the largest crypto market drawdowns in years.

source https://www.coindesk.com/markets/2026/06/06/bitcoin-ether-eye-worst-weekly-rout-since-ftx-collapse-as-cryptos-shed-usd390-billion

WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%.

source https://www.coindesk.com/markets/2026/06/06/wld-plunges-20-as-hayes-dumps-token-a-day-after-saying-he-would-keep-holding-it

Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

source https://www.coindesk.com/markets/2026/06/06/bitcoin-back-above-usd61-000-after-rout-leads-to-usd1-6-billion-liquidations

Cardano social activity surges as ADA falls under 20 cents to four-year lows

Santiment data show active addresses at a four-month high and social dominance near a 2026 peak after Charles Hoskinson warned of a "wave of failures" in the ecosystem.

source https://www.coindesk.com/markets/2026/06/06/cardano-social-activity-surges-as-ada-falls-under-20-cents-to-four-year-lows

Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion

Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.

source https://www.coindesk.com/markets/2026/06/05/why-diehard-bitcoin-purists-aren-t-sweating-the-massive-price-crash-that-wiped-out-usd200-billion

Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

source https://www.coindesk.com/tech/2026/06/05/bitcoin-in-danger-of-dropping-to-usd60-000-with-zcash-bulls-turning-their-backs-on-zec

Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years

Shielded Labs revealed that the bug could have helped an attacker print unlimited counterfeit tokens. That could have damaged trust in the token's supply and its value.

source https://www.coindesk.com/markets/2026/06/05/zcash-plummets-30-as-developer-reveals-a-major-bug-that-went-undetected-for-four-years