Altcoins Bleed, Bitcoin Crashes as Total Crypto Market Cap Erases Another $150 Billion: Market Watch
Jun 4, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato

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AI Overview
Bitcoin fell below $62,000 earlier today and a recovery attempt was halted, dragging altcoins sharply lower. The sell-off pushed total crypto market capitalization toward $2.250 trillion, signaling broad short-term pressure across crypto, DeFi and tokens.
Bearish
Bitcoin just can’t catch a break these days as another leg down pushed it south to well below $62,000 earlier today, and the subsequent recovery attempt was halted in its tracks.
The altcoins have bled out again, heavily, and the total crypto market cap has plunged toward $2.250 trillion.
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