Today, May 31, 2025, the crypto market saw a significant dip, with both $BTC and $ETH TH dropping below key psychological levels. This sudden downturn has traders and investors on edge. 😬📉

---

🔻 What Just Happened?

$BTC BTC dropped below $104,000, falling 1.07% in the last 24 hours.

ETH plunged below $2,500, recording a 4.16% drop in the same period.

(Source)

---

⚠️ Possible Reasons Behind the Dip:

Profit-Taking: After hitting recent highs like $110K for $BTC, traders may be cashing out.

Regulatory Uncertainty: The introduction of the GENIUS stablecoin bill in the U.S. has stirred doubts.

Policy Pushback: NYC Comptroller rejected Bitcoin-backed municipal bonds, dampening institutional sentiment.

(More on this)

---

📊 Current Market Snapshot:

💸 $BTC: ~$103,976

💸 $ETH: ~$2,488

🚀 $LOUD: Live on Binance Megadrop today with a $70K funding goal

(See IAO details)

---

💬 What’s Next?

Is this just a temporary correction or the beginning of a larger bear trend? Let the community know your thoughts!

👇 Comment, share & tag your