Bitcoin price – Bitcoin is down more than 15% in the first five days of June to around $62,300, with XRP and Ethereum also sharply lower. The slide comes as investors rotate toward other high-momentum assets and after Strategy Inc disclosed a $2.5 million Bitcoin sale.
For the first five days of June, crypto hasn’t just drifted lower—it’s been falling fast enough to make investors check their charts more than once.
Bitcoin, the market’s bellwether, is down more than 15% this week to about $62,300 per coin. Over the last month it’s down more than 23%, and on a year-over-year basis it’s off more than 40%. The pullback has carried Bitcoin back toward pre-election territory after a run-up that followed the 2024 presidential election.
That earlier surge had pushed Bitcoin higher through the first months of President Trump’s return to the White House. reaching a high of $126. 279.63 in October 2025. Many investors had treated the administration’s crypto-friendly agenda as a tailwind. Now, the current drop has undone a lot of that momentum.
Other major tokens are tracking the same kind of stress. XRP fell over 15% this week to about $1.12, down a little over 21% over the last 30 days and about 49% year-over-year. Ethereum’s slide has been even steeper in June: ETH is down about 16.4% to nearly $1. 675. with the price down close to 29% in the last month and over 35% year-over-year.
The selling pressure isn’t showing up only in prices—it’s showing up in what major players are doing and what investors are choosing instead.
Part of the rotation appears to be away from crypto. Investors are turning toward other opportunities that can pull attention from retail traders. One example cited is an upcoming SpaceX IPO. Alongside that. chip manufacturers. cybersecurity companies. and other names tied to the broader AI theme are getting momentum through ongoing stock rallies.
There’s also a shift in how investors are framing risk right now. Bitcoin isn’t carrying the same “must-own” urgency it once did. The token is down more than 28% year to date, while the tech-heavy Nasdaq Composite is up more than 15% over the same period.
That broader appetite may be hitting crypto when it’s already vulnerable—especially after a recent visible decision by a prominent Bitcoin holder. Strategy Inc sold $2.5 million worth of Bitcoin last week, made public on Monday. The company’s founder and chairman, Michael Saylor, had previously stated, “Never sell your Bitcoin.”.
The sequence is hard to ignore: prices are sliding across the biggest tokens at the same time, and a high-profile sale landed in the middle of the drop.
At this stage, Bitcoin is back near the levels seen before the election run-up, while XRP and Ethereum are also materially lower on week, month, and year comparisons—suggesting this isn’t just a short-term blip, but a broad reassessment of where investors want their money to sit.
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