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73 altcoins hit historical lows on June 5 as macro data triggers broad market selloff
- On June 5, 2026, 73 out of 199 assets in the CoinDesk Spot Price index hit their historical minimum close, representing 36.7% of all listed assets.
- This included Cardano (ADA-USD) closing at $0.15652 (volume: $5.55B), Avalanche (AVAX-USD) closing at $6.7208 (volume: $110.67M), and Polkadot (DOT-USD) closing at $0.94544 (volume: $117.36M).
- The broad selloff coincides with stronger-than-expected U.S. jobs data and sustained ETF outflows, reflecting macro-driven market pressure rather than a fundamental shift in altcoin valuations.
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Conclusion
Key numbers: 73 out of 199 assets (36.7%) hit their historical minimum close on June 5, 2026. This included Cardano (ADA-USD) closing at $0.15652 (volume: $5.55B), Avalanche (AVAX-USD) closing at $6.7208 (volume: $110.67M), and Polkadot (DOT-USD) closing at $0.94544 (volume: $117.36M). The broad decline follows a stronger-than-expected May jobs report (172,000 jobs vs. 85,000 expected), which reinforced expectations for sustained higher interest rates. The selloff coincides with record ETF outflows and reflects macro-driven capital reallocation rather than a structural shift in altcoin market dynamics.