Cryptocurrency markets remained under pressure on June 5, with Bitcoin and Ethereum extending recent losses as investors continued to pull capital from digital assets.

Bitcoin hovered near the US$64,000 mark after briefly falling toward a four-month low earlier in the week, while Ethereum traded below US$1,800, reflecting broad risk-off sentiment across the crypto sector.

Persistent outflows from spot crypto ETFs, heavy liquidations in leveraged positions and growing investor interest in high-growth artificial intelligence-related equities have weighed on demand for digital assets.

The recent selloff has erased billions of dollars from the crypto market, with Bitcoin testing key support levels and Ethereum facing renewed…