Bitcoin Slides to $71,400.64 as Tradingview Shows Risk-Off Mood
Tradingview showed bitcoin falling to $71,400.64 by 9:56 a.m. ET on Monday, June 1, 2026, after opening at $73,568.4. Ethereum also slipped to $1,960.76. The move left both major tokens lower at the same morning snapshot, with traders pulling back from risk while they watch U.S.-Iran negotiations.
Bitcoin and ethereum open lower
Bitcoin started Monday 0.3% below Sunday’s opening price. Ethereum opened 0.8% lower than it did on Sunday. Those opening gaps set up the decline that followed in early trading, rather than a flat start that held through the morning.
Bitcoin had already climbed to an all-time high of $126,198.07 on Oct. 6, 2025. Ethereum reached its own peak of $4,953.73 on Aug. 24, 2025. The gap between those highs and Monday’s levels shows how quickly sentiment can move when traders decide to reduce exposure.
U.S.-Iran talks weigh on crypto
Investors want continued signals that a deal is closer to reopen the Strait of Hormuz and end the fighting. The president is waiting to sign the agreed-upon 60-day ceasefire extension, and he said the deal will “work out well” for the U.S. That mix has kept many investors shelving riskier positions for the moment.
Key sticking points on both sides continue to put the prospects for long-term peace on shaky ground. For crypto traders, that means the morning move is not just about price screens; it is also a read on how much uncertainty the market is willing to tolerate while the diplomatic track remains fragile.
Monday morning snapshot
The clearest number to watch is still the one printed at 9:56 a.m. ET. Bitcoin at $71,400.64 and ethereum at $1,960.76 show a synchronized slide in two of the largest cryptocurrencies. The next practical question is whether traders keep treating the ceasefire process as a reason to stay defensive or whether the market stabilizes once the diplomatic path looks firmer.
