Crypto collapse! Bitcoin, Ethereum and XRP are suffering declines

Crypto collapse! Bitcoin, Ethereum and XRP are suffering declines

On June 5, 2025, the crypto market is emerging from a recent decline. The total market capitalization has decreased by 2.6 percent and now stands at $3.42 trillion. The leading cryptocurrencies such as Bitcoin, Ethereum and XRP have suffered price losses, which has noticeably influenced investor sentiment.

Bitcoin, the largest cryptocurrency by market capitalization, fell 0.5 percent to $105,000 and is down 2.3 percent week-on-week. Ethereum, the second-largest cryptocurrency, fell 0.1 percent to $2,630, down 3.6 percent over the past seven days. XRP (Ripple) recorded a decline of 1.8 percent and is currently at $2.21.

Price development of the top cryptocurrencies

Other major altcoins are also showing weak performances. BNB recorded a price discount of 0.4 percent. Solana and Cardano each suffered a loss of 2.6 percent. Dogecoin suffered the biggest loss among the top 10 cryptocurrencies with a decline of 3.3 percent. In contrast, Tron shows a positive development, with an increase of 1.8 percent, and leads the list of the 100 largest cryptocurrencies.

Additionally, there are clear losses in the broader top 100 list: Monero and Ethena each fell 8 percent, while Bonk is losing over 7 percent. The current market situation has led to a cooling of investor sentiment, as shown by the Fear and Greed Index, which fell by five points to 57.

Market influences and economic context

A possible factor for market developments could be the upcoming key interest rate decision by the European Central Bank (ECB). The inflation rate in the euro zone remains stable at 2.2 percent and there are considerations of possibly lowering the key interest rate. Such monetary policy decisions could ultimately also have an impact on the crypto market.

The CoinMarketCap platform provides information about current market conditions and offers a wide range of information about cryptocurrencies. It was founded in May 2013 and is aimed at users who want to track the price development of crypto assets. CoinMarketCap updates data every few seconds and provides access to over 97% of all tokens in existence, making it the leading resource for crypto prices. Providing accurate and timely data contributes to transparency in the growing cryptocurrency market.

These developments highlight the challenges and opportunities that the crypto market currently offers. Investors must be aware of the volatile nature of these assets and should remain well informed about current trends and potential market influences.