The crypto market has again experienced pressure in early June 2025. After hitting an all-time high in May, Bitcoin (BTC) is now undergoing a significant correction.
The current price of BTC is around $101,813, down approximately 10% from its peak.
Ethereum (ETH) is also experiencing a decline, with the current price around $2,424, down about 7% in the last week.
Solana (SOL) is not exempt from pressure, with the current price around $144.69, experiencing a decline of about 5% over the same period.
Some people are wondering🤔
What Causes This Decline?
Several factors influencing the current decline in the crypto market include:
1. Global Monetary Policy: Uncertainty regarding interest rate policies by The Fed has made investors cautious.
2. Profit-Taking: After the price surge in May, many investors took profit, causing strong selling pressure.
3. Lack of Positive Sentiment: The absence of positive news or significant adoption has caused the market to lose its momentum.
Does this impact investors?
Yes, certainly for retail investors, this decline certainly impacts portfolio value. However, it is important to remember that volatility is part of the crypto market. For those investing in the long term, corrections like this can be an opportunity for accumulation.