$BTC The cryptocurrency Bitcoin experienced a significant drop in its price today, June 5, 2025, falling to approximately $101,000. This decrease is attributed to several main factors:

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1. 📉 Massive Liquidations (Liquidations)

In the last 24 hours, positions worth over $595 million were liquidated, of which more than $171 million were in Bitcoin positions alone. This indicates that many traders who expected a price increase suffered significant losses, leading to increased selling pressure in the market. 

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2. ⚠️ Tension between Elon Musk and Donald Trump

The intensity of the disagreement between Elon Musk and U.S. President Donald Trump has increased, as Musk criticized Trump's proposed budget plan, calling it “catastrophic.” Trump responded by announcing the possibility of ending federal support for Musk's companies, leading to a sharp 17% drop in Tesla's stock and a loss of approximately $100 billion in its market value. This tension negatively affected investor confidence in the cryptocurrency market. 

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3. 🐋 Massive Selling by Whales (Whale Dumping)

Large transfers of Bitcoin to exchange platforms have been detected, including a transfer of 917 Bitcoin (worth nearly $94 million) to the Coinbase Institutional platform. These movements indicate the intention of some large investors (whales) to sell large amounts of Bitcoin, increasing the selling pressure in the market.