Here’s a quick recap of the crypto landscape for Wednesday (June 3) as of 8:00 p.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$65,978.75, trading 1.9 percent lower over the past 24 hours.
Bitcoin price performance, June 3, 2026.
Chart via TradingView.
Alongside broader concerns over the Iran war and inflation, Bitwise’s Matt Hougan notes that Bitcoin has succumbed to investor reallocation toward artificial intelligence and robotics-related stocks.
“With AI sucking all the oxygen out of the room, crypto is being forced to go through a painful metamorphosis: from momentum trade to contrarian bet,” he said in his weekly commentary….
