📰 Bitcoin Crashes Below $100K Amid Geopolitical Shockwaves
June 22, 2025 — In a dramatic turn of events, Bitcoin (BTC) has fallen below the $100,000 mark, trading as low as $99,490 earlier today. This marks the first time in over a month that BTC has dipped into five-figure territory, triggering widespread liquidations and renewed market anxiety.
The drop comes in the wake of heightened geopolitical tensions, as the U.S. launched strikes on Iranian nuclear sites and Iran responded by moving to close the Strait of Hormuz, a critical chokepoint for global oil supply. The resulting macroeconomic uncertainty has sent shockwaves through risk assets, with crypto markets bearing the brunt.
> “Bitcoin dipped below $100K with $950 million in crypto liquidations,” reported BeInCrypto, citing a surge in risk-off sentiment and capital flight to traditional safe havens.
Other major cryptocurrencies also suffered:
– Ethereum (ETH) fell below $2,200
– XRP dropped under $2 for the first time since April
– Solana (SOL) and Dogecoin (DOGE) posted losses exceeding 8%
Despite the sell-off, analysts note that long-term holders are not exiting en masse, and on-chain data shows no significant spike in netflows. This suggests that while short-term sentiment is bearish, core conviction remains intact.
Technical indicators point to further downside risk, with potential support levels near $95,000 and $92,000. However, some traders see this as a buy-the-dip opportunity, especially if Bitcoin can reclaim the $105K–$110K range in the coming days.
Bottom line: Bitcoin’s fall below $100K is a psychological blow—but not a structural collapse. As history has shown, BTC thrives in volatility, and this may be just another chapter in its long-term ascent.
#BitcoinCrash #CryptoNews #BTCBelow100K #MarketVolatility #GeopoliticsAndCrypto