Malgré un rebond proche de 10% depuis les plus bas du week-end du Bitcoin (BTC), un analyste on-chain juge peu probable qu’un nouveau marché haussier soit imminent. Ali Martinez indique que le précédent creux majeur s’est formé lorsque le prix a atteint le niveau du Cumulative Value Days Destroyed (CVDD). Selon lui, le CVDD du Bitcoin à la mi-juin 2026 se situe autour de 48 000 $, ce qui laisse envisager une nouvelle vague de ventes pouvant pousser le BTC 28% plus bas avant une reprise haussière durable.

On June 7, 2026, on-chain analyst Ali Martinez said Bitcoin could be approaching a major bottom after the amount of BTC held at a loss rose to 10.46 million. He argued this condition has historically aligned with market troughs because holders tend to avoid realizing losses, which can ease selling pressure. By June 8, BTC traded at $63,042, about 6% above June 5 lows but still down 13.41% over the week.

After a sharp sell-off in early June 2026, the total crypto market is down by more than $2 trillion from its October 2025 all-time high. The market previously climbed above $4.22 trillion late last year, slid from around $3.25 trillion in mid-January to $2.14 trillion in early February, and was again near $2.14 trillion as of June 5.

Across the first 500 days of President Donald Trump's second term, the number of Bitcoin millionaire addresses fell by 45,904, sliding from 157,563 to 111,659. Addresses holding more than $10 million in BTC also declined by 4,686 to 14,115 over the same period, while BTC prices dropped roughly 39% from about $103,000 after the January 20, 2025 inauguration.

Strategy (NASDAQ: MSTR) fell to $136.62, about 30% below its May 11 intraday peak of $197 and closing high of $195.94. The move followed the company's sale of 32 BTC worth roughly $2.5 million, as Bitcoin also declined 11.42% over the past week to $67,153 by June 3. From May 28 to June 3, 2026, the broader crypto market lost $170 billion in total capitalization.

President Donald Trump posted on Truth Social backing digital assets, shortly before the U.S. Department of Defense exchanged fire with Iran that coincided with renewed pressure on Bitcoin and the broader crypto market. From Jan. 20, 2025 to May 28, 2026, total crypto market cap slid from $3.45 trillion to $2.44 trillion, while BTC fell 28.53% from $102,573 to $73,307.

Over the prior 52 weeks ending by press time on May 27, Bitcoin (BTC) slid 30.35% from $108,927 to $75,867 while the S&P 500 advanced 26.98% from 5,921 to 7,519. The gap implies roughly 56% relative underperformance for BTC versus U.S. equities over the period. Analysts and banks cited differing cycle and price-target views, as stocks continued to benefit from AI-led gains.

On May 25, 2026, a wallet tagged as a genesis and dormant Ethereum address moved 2,000 ETH in three transactions, converting an estimated $620 entry into more than $4.2 million. The transfers occurred between about 9 AM and noon UTC and left the address holding $214.7 in remaining digital assets after the move.

Hyperliquid's HYPE climbed 49.62% over the past week to $58.47, trading close to a fresh all-time high. The rally lifted its market capitalization from $9.9 billion to $14.6 billion, while the broader crypto market slid from $2.68 trillion to $2.55 trillion over the same period.