$BTC As of June 6, 2025, Bitcoin (BTC) is trading at approximately $103,265 USD, reflecting a 1.24% decline over the past 24 hours. The cryptocurrency experienced an intraday low of $100,781 and a high of $105,888, indicating significant volatility.

๐Ÿ“‰ Market Sentiment and Contributing Factors

Several factors have contributed to Bitcoin's recent price movement:

ETF Outflows: Significant outflows from Bitcoin ETFs, totaling around $278 million, have signaled bearish sentiment among institutional investors.

Macro Uncertainty: Heightened macroeconomic uncertainties, including geopolitical tensions, have led to cautious investor behavior, impacting the broader cryptocurrency market.

Technical Indicators: Technical analyses suggest that Bitcoin is in a bearish correction phase, with potential support levels being tested.