Here are the main developments in the cryptocurrency market today, Thursday, June 5, 2025:
📉 Overall market performance
• Collective decline: The cryptocurrency markets have experienced a general decline, with the total market capitalization dropping by 2.2% in the last 24 hours, impacted by a lack of risk appetite due to political and economic uncertainty.
💰 Major currency prices
• Bitcoin (BTC): Currently trading around $104,700, slightly down from the previous day.
• Ethereum (ETH): Decreased by 0.4% to $2,614.
• Ripple (XRP): Dropped by 1.7% to $2.1998.
• Solana (SOL): Decreased by 2.6%.
• Cardano (ADA): Dropped by 2.6%.
• Dogecoin (DOGE): Decreased by 3.3%.
📰 Top news
• Truth Social: The “Truth Social” platform owned by former President Donald Trump is close to launching a Bitcoin-linked trading fund for ordinary investors.
• Binance: The Binance platform has launched a new program to boost the immediate liquidity of alternative cryptocurrencies, targeting small and medium market makers.
📊 Market indicators
• Fear and Greed Index: Dropped to 57 from 62, reflecting a decline in the feeling of “greed” in the market.
