Cryptocurrencies Remain Under Heavy Selling Pressure -- Market Talk

Dow Jones06-05 19:36

1136 GMT - Cryptocurrencies remain under significant selling pressure as they look on course for the sixth consecutive day of losses. Uncertainty over the Middle East conflict, U.S. interest rate rise expectations and persistent outflows in crypto exchange traded funds are weighing on sentiment. Strategy's announcement on Monday that the bitcoin-hoarding firm sold bitcoin for the first time since 2022 has also contributed to this week's losses. Bitcoin falls 2.0% to $62,292 after reaching a four-month low of $61,117 earlier, LSEG data show. Ether drops 5.8% to $1,669 after hitting a one-year low of $1,627 earlier. Solana declines 4.1% to $66.20, having fallen to a two-and-a-half-year low of $63.80 earlier. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

June 05, 2026 07:36 ET (11:36 GMT)

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Uncertainty over the Middle East conflict, U.S. interest rate rise expectations and persistent outflows in crypto exchange traded funds are weighing on sentiment. <a href=\"https://laohu8.com/S/MSTR\">Strategy</a>'s announcement on Monday that the bitcoin-hoarding firm sold bitcoin for the first time since 2022 has also contributed to this week's losses. Bitcoin falls 2.0% to $62,292 after reaching a four-month low of $61,117 earlier, LSEG data show. Ether drops 5.8% to $1,669 after hitting a one-year low of $1,627 earlier. <a href=\"https://laohu8.com/S/HSDT\">Solana</a> declines 4.1% to $66.20, having fallen to a two-and-a-half-year low of $63.80 earlier. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 05, 2026 07:36 ET (11:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBOY","symbol_name":"Calamos Bitcoin Structured Alt Protection ETF - July","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2641117475","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2641117475","pubTimestamp":1780659360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1136 GMT - Cryptocurrencies remain under significant selling pressure as they look on course for the sixth consecutive day of losses. 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Uncertainty over the Middle East conflict, U.S. interest rate rise expectations and persistent outflows in crypto exchange traded funds are weighing on sentiment. Strategy's announcement on Monday that the bitcoin-hoarding firm sold bitcoin for the first time since 2022 has also contributed to this week's losses. Bitcoin falls 2.0% to $62,292 after reaching a four-month low of $61,117 earlier, LSEG data show. Ether drops 5.8% to $1,669 after hitting a one-year low of $1,627 earlier. Solana declines 4.1% to $66.20, having fallen to a two-and-a-half-year low of $63.80 earlier. 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