Bitcoin fell to $76,770, down nearly 3% in 24 hours, while resistance remains near $78,800 and support holds firm at $75,000 amid increased whale accumulation.
Ethereum dropped to $2,284 and continues to face pressure as DeFi United tries to save Aave. ETH’s key resistance is between $2,350 and $2,400.
Global factors like the US-Iran conflict and a cautious Bank of Japan are reducing risk appetite.
Crypto prices today have taken a complete 180-degree turn from yesterday’s bull momentum, where Bitcoin crossed $79,000. The world’s largest cryptocurrency has now slipped below $77,000 with most major tokens deep in the red zone. The global market cap is also down 0.07% at $2.6 trillion at press time.
The escalating US-Iran conflict, a DeFi United rescue plan, and a cautious approach from the Bank of Japan are all weighing on investor sentiment. Although a potential US Strategic Bitcoin Reserve announcement and a bold $125,000 BTC price target from Arthur Hayes give bulls something to hold on to.
Here’s everything you need to know about the latest crypto news and price movements, based on CoinMarketCap data.
Bitcoin price is down 2.93% over the past 24 hours at $76,770. It has a market cap of roughly $1.54 trillion and $35 billion worth of BTC traded in a single day. Despite the slide, macro analyst Arthur Hayes held firm on his $125,000 Bitcoin price target at the Bitcoin 2026 conference.
The optimistic prediction is based on what Hayes calls ‘wartime inflation’ fueled by the US-Iran conflict and rising liquidity in the banking system. A White House crypto advisor also hinted that a formal announcement of the Strategic Bitcoin Reserve could come within weeks. This move can reshape Bitcoin's market dynamics if confirmed.
Akshat Siddhant, Lead quant analyst, Mudrex, commented, “Whales holding 1,000-10,000 BTC have increased their BTC exposure to 3.09 million, the highest since November 2025. BTC’s immediate resistance stands at $78,800, followed by $80,000, while the $75,000 level continues to act as a strong support zone.”
CoinSwitch Markets Desk added, “Even with this pullback, BTC is still up 14% over the past month, indicating that recent gains are largely intact. Meanwhile, MicroStrategy added another 3,273 BTC worth $255 million, taking its total holdings to 818,334 BTC. Markets now turn to a packed US earnings week, especially Big Tech, which can influence overall risk appetite.”
Here is how the world’s top ten coins performed over the last 24 hours:
| Name | Price | 24h % | Market Cap | Volume (24h) |
|---|---|---|---|---|
| Bitcoin (BTC) | $76,770.42 | -2.93% | $1,537,077,288,204 | $35,079,995,016 |
| Ethereum (ETH) | $2,284.78 | -4.36% | $275,746,275,613 | $16,221,170,924 |
| Tether (USDT) | $1.00 | -0.02% | $189,738,283,637 | $120,891,319,075 |
| XRP (XRP) | $1.39 | -3.42% | $85,853,314,561 | $2,163,544,495 |
| BNB (BNB) | $624.04 | -2.16% | $84,112,592,012 | $1,496,893,908 |
| USDC (USDC) | $1.00 | -0.01% | $77,640,980,660 | $56,168,115,701 |
| Solana (SOL) | $83.92 | -4.30% | $48,341,064,264 | $4,313,352,847 |
| TRON (TRX) | $0.3244 | 0.0023 | $30,748,144,564 | $663,749,457 |
| Dogecoin (DOGE) | $0.09952 | -0.66% | $16,892,240,321 | $1,697,969,009 |
| Hyperliquid (HYPE) | $41.07 | -4.89% | $10,477,202,608 | $249,619,858 |
Biggest Losers: Hyperliquid, Solana, Ethereum, XRP
Sole Gainer: TRON
Harish Vatnani, Head of Trade, ZebPay, in his today’s crypto trade report on Ethereum, noted, “The most important resistance remains $2,350-$2,400. A clean breakout and hold above this zone is required for ETH to gain real bullish momentum and potentially move toward $2,600-$2,800. On the downside, $2,200 is acting as immediate support, followed by $2,000, which is a strong psychological and structural level.”
Also Read: WCOR Explained: Not a Meme Coin, But an Oil Registry on Solana
Here are the top headlines impacting crypto prices today
A hack on crypto bridge KelpDAO set off a $10 billion run on Aave, DeFi's largest lending protocol. A rescue coalition called DeFi United has now raised over 132,000 ETH (around $300 million). Consensys and founder Joseph Lubin contributed 30,000 ETH alone, and Circle Ventures bought AAVE tokens to show support.
Interest rates on Aave have started to ease, but fresh deposits have yet to return. Critics warn that the bailout sets a dangerous precedent. It is rewarding risky looping strategies where users repeatedly borrow and redeposit to amplify returns. In turn, Ethereum and broader crypto prices today continue to feel the strain.
Brent crude has climbed to $108.68 a barrel. It is up seven sessions in a row as the US-Iran conflict keeps the Strait of Hormuz largely closed. US West Texas Intermediate (WTI) is also up, trading near $96.96. Rising oil prices fuel inflation fears, which can support Bitcoin as a hedge but also push investors toward safety, pulling riskier altcoins lower.
President Trump rejected Iran's latest proposal because it sidesteps the nuclear issue. Iran's Foreign Minister Abbas Araghchi has visited Russia and is scheduled to reach Pakistan in 48 hours for peace talks.
Russia has offered to mediate and store Iran's enriched uranium to ease tensions, but Washington has rejected that too. France added pressure at the UN Security Council, calling on Iran to make ‘major concessions.’ There is no resolution in sight, energy supplies from the region remain restricted and continue to weigh on global markets.
Japan's central bank kept rates unchanged, but three members voted for a hike. It is the largest internal split since negative rates were introduced. Analysts at Capital Economics still expect a June hike. A stronger yen from tighter BOJ policy could drain carry trades that flow into risk assets, adding another headwind for crypto prices today.
ZetaChain's GatewayZEVM contract was hit by attackers. They exploited missing access controls to forge cross-chain calls and drain funds. Coming right after the KelpDAO hack, the exploit deepens concerns about smart contract security. It adds to the negative mood across the crypto market today.
The SEC is seeking public input on a NYSE Arca proposal requiring 85% of commodity trust assets to meet eligibility standards. Bitcoin, Ethereum, Solana, and XRP are all listed as eligible assets. The SEC chair also separately called for blockchain-based instant settlement in securities trading. Thus, underlining a more crypto-friendly regulatory tone in US crypto news.
South Korea recovered 33.9 billion won in unpaid taxes through cross-border cooperation. The nation plans to receive crypto transaction data from 56 countries starting next year.
Separately, iM Bank is building the country's first bank-led KRW stablecoin. Both developments point to growing regulatory maturity in Asia. The news is good for crypto market credibility over time.
Also Read: YoungHoon Kim’s Crypto Supercycle Call Puts Bitcoin on Watch
Crypto prices today face short-term headwinds from the Iran conflict, global energy crisis, and the Aave exploit. Avinash Shekhar, Co-founder and CEO, Pi42, said, “The market witnessed over $118 million in liquidations, reflecting aggressive positioning and rapid unwinding across leveraged trades. From a market structure standpoint, recent volatility is increasingly being viewed as a potential bear trap, where downside moves are flushing out weak positions.”
On the other hand, a potential US Bitcoin Reserve bullish signals from Hayes, and a more open SEC mean long-term momentum may stay intact. Investors should also watch Ethereum closely; its recovery will show whether the DeFi rescue is truly working.
1. Has Aave’s rescue plan been successful?
The Aave rescue plan has helped stabilize the situation, but it is not fully successful yet. A coalition raised about $300 million worth of Ethereum to support the platform after a major liquidity crisis. Interest rates on Aave have started to calm down, which is a positive sign. However, users are still hesitant to deposit funds again. Many critics believe the rescue could encourage risky behavior in the future, so confidence is not fully restored yet.
2. What is the latest crypto news?
The latest crypto news shows that the market is under pressure due to multiple global and internal factors. Bitcoin has dropped below $77,000, and most altcoins are in the red. A major DeFi issue involving Aave has shaken confidence, while the US-Iran conflict is increasing uncertainty. On the positive side, there is growing optimism about a possible US Strategic Bitcoin Reserve and new crypto-friendly moves by regulators, which may support the market in the long term.
3. Should I invest in Bitcoin?
Investing in Bitcoin depends on your risk level and time horizon. Right now, Bitcoin is facing short-term pressure due to global uncertainty and market corrections. However, it has been up over the past month and continues to attract institutional interest. Experts also see long-term potential due to increasing adoption and possible policy support. If you are investing, it is important to think long-term and avoid reacting to short-term price swings.
4. Why is the crypto market going down?
The crypto market is declining mainly due to global and technical factors. Rising tensions between the US and Iran have increased fear in financial markets. Oil prices are rising, which adds to inflation concerns. At the same time, a DeFi crisis involving Aave and a recent exploit has reduced trust in the system. Central bank signals, especially from Japan, are also making investors more cautious, leading to a broader sell-off in crypto assets.
5. Has South Korea released a new stablecoin?
South Korea has not officially launched a new stablecoin yet, but plans are in progress. A bank called iM Bank is working on the country’s first Korean won-backed stablecoin. This shows that South Korea is moving toward stronger regulation and innovation in the crypto space. The country is also improving tax tracking and international data sharing for crypto transactions. These steps are expected to increase transparency and trust in the market over time.
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