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Bitcoin price drops below $65,000

04 June 2026 08:49 (UTC +04:00)

Selling pressure has intensified in the cryptocurrency market, with the Fear Index falling to 21 points, APA-Economics reports.

The capitalization of the global cryptocurrency market decreased by 1.79% over the past 24 hours, falling to $2.25 trillion.

The price of Bitcoin decreased by 2.65% to $64,532. The price of Ethereum, the second-largest cryptocurrency in the market, declined by 1.49% to $1,810.

Among the other assets in the top five, the price of BNB decreased by 2.76% to $618.5. Digital assets indexed to the price of gold demonstrated relative resilience against the backdrop of the market decline. PAX Gold (PAXG) fell by 0.29% to $4,460.7, while Tether Gold (XAUt) declined by 0.29% to $4,443.3.

The Fear & Greed Index, which measures market sentiment, settled at 21 points, indicating increased strong caution and a tendency to avoid risk among investors.

Note that the decline observed in the cryptocurrency market in recent days has been influenced by investors exiting risky assets, growing uncertainty in global financial markets, and increasing demand for safe-haven assets against the backdrop of geopolitical tensions in the Middle East. Under these circumstances, part of the capital is being directed toward gold and gold-linked digital assets.