HargaRumah: Crypto Selloff Deepens: Bitcoin Slides, Zcash Crashes, MSTR Under Pressure

Jumat, 05 Juni 2026

Crypto Selloff Deepens: Bitcoin Slides, Zcash Crashes, MSTR Under Pressure

Bitcoin fell below $62,000 this week as a wave of selling pressure swept through the crypto market, triggering $1.8 billion in liquidations and extending a record streak of spot Bitcoin ETF outflows.

Meanwhile, Zcash plunged more than 50% after developers disclosed a critical vulnerability that could have allowed attackers to create unlimited counterfeit ZEC without detection. The revelation pushed ZEC down from 12th to 19th place in the cryptocurrency rankings by market capitalization.

Strategy (MSTR) also came under pressure as Bitcoin's decline raised fresh concerns about leveraged BTC exposure and institutional demand.

Here's a roundup of what happened in the market this week and the key trends driving the move.

1. Bitcoin posted its steepest decline in months

Bitcoin continued its decline this week, falling below $62,000 as bearish momentum accelerated across the crypto market.

The selloff intensified after BTC failed to reclaim the $80,000 level and lost several key technical support zones. Analysts are now watching the $60,000 area closely, with some warning that a breakdown could open the door to a move toward $50,000 or lower.

Market sentiment was also shaken by more than $1.8 billion in crypto liquidations, persistent spot Bitcoin ETF outflows, and Strategy's first reported Bitcoin sale in years, which was made to fund dividend obligations.

2. Zcash drops out of the crypto top 15

Zcash was one of the week's biggest losers after researchers disclosed a critical vulnerability that could have allowed an attacker to create an unlimited amount of counterfeit ZEC without detection.

The token plunged more than 50% in less than a day, falling from around $536 to $263 and dropping from 12th to 19th place in the cryptocurrency market cap rankings.

Although developers patched the vulnerability before publicly disclosing it, the flaw had existed since 2022. While researchers say the likelihood of previous exploitation is low, it is currently impossible to prove that no counterfeit ZEC was ever created. The Zcash team is now working on a network upgrade designed to verify the integrity of the coin's supply and restore market confidence.

Read Full Article

3. Strategy's Bitcoin sale rattles investors

Strategy (MSTR) remained under pressure this week as Bitcoin's decline pushed the company's unrealized loss on its BTC holdings to a record $10.8 billion.

The company, which owns more than 700,000 BTC, has seen its Bitcoin position fall roughly 17% below its average purchase price after Bitcoin dropped below $62,000. MSTR shares are now down about 77% from their all-time high and have fallen significantly faster than Bitcoin during the latest market downturn.

The losses have also reignited debate around Strategy's financing model, with critics warning that continued weakness in Bitcoin and the company's preferred share products could increase pressure on its balance sheet. Supporters, however, argue that Strategy remains well-positioned to weather the downturn and continue its long-term Bitcoin accumulation strategy.