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Nearly half of major crypto assets hit 90-day lows in market-wide capitulation
- Nearly half of all major crypto assets fell to their lowest prices in three months during a massive market-wide sell-off.
- Out of 199 assets in the CoinDesk Spot Price index, 96 tokens simultaneously hit new 90-day lows on June 4.
- This widespread breakdown indicates a coordinated capitulation and intense panic selling across the entire altcoin market.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 2 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
On June 4, 2026, 96 out of 199 assets (48.2%) in the index closed at or below their rolling 90-day low, up from 54 assets on June 3 and 80 assets on June 2. This is the highest single-day count of 90-day lows in over a month, indicating a highly coordinated market-wide capitulation event.