🔥 Today’s Crypto Market Update – June 6, 2025
The crypto market faced high volatility today, with major coins like Bitcoin, Ethereum, and Ripple showing significant drops. Here's a quick summary of what's driving the market today:
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📉 Market Snapshot:
Bitcoin (BTC): 🔻 $101,928 (-3.1%)
Ethereum (ETH): 🔻 $2,489 (-3.73%)
Ripple (XRP): 🔻 $2.13 (-3.34%)
💰 Total market cap dropped by $180B
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🧨 Key Reasons for the Dip:
1. Elon Musk vs Donald Trump – A heated public clash between the two sparked panic in the market.
2. $595M Liquidated – Massive liquidations shook up major positions.
3. Rising Uncertainty & FUD – Traders are pulling back amid fear and unpredictability.
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🟢 Positive Highlights:
Circle IPO takes off! – Closed at $82 on NYSE, up 167% on day one.
$MUBARAKAH Coin up 92% – Eid hype fuels rapid growth in this festive token.
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🇵🇰 Crypto Moves in Pakistan:
Pakistan officially launched the Pakistan Crypto Council, appointing Bilal Bin Saqib as Special Assistant on Blockchain & Crypto. Big step toward crypto regulation in the country.
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🎯 Are you holding or selling today?
Share your thoughts in the comments