(June 5): Ether sank to its lowest level in over a year as digital assets continued to sustain heavy losses after a gruelling week.

The second-largest cryptocurrency fell more than 8% to US$1,625 (RM6,560) in on Friday, its lowest value since April 2025. Bitcoin dropped 3.9% to just above US$61,000. The tokens later pared some of the losses with bitcoin trading at around US$62,400 and ether close to US$1,673 in early morning in New York.

Smaller tokens fared worse, with so-called privacy coins in particular taking a pummelling. Zcash fell by more than half — its largest drop since May 2021 — over a 24-hour period after reports of a possible security flaw, while monero declined as much as 17%.

The losses extend what is already…