$BTC As of June 6, 2025, Bitcoin (BTC) is trading at approximately $103,410 USD, reflecting a slight decline of about 1.13% from the previous day. The day's trading range has seen BTC fluctuate between $100,781 and $105,888.

The broader cryptocurrency market is experiencing a downturn, with the global market capitalization decreasing to $3.21 trillion. Ethereum (ETH) has also declined, falling by 6.5% to around $2,461 .

Analysts attribute Bitcoin's recent dip to several factors, including significant ETF outflows totaling $278 million, which have exerted downward pressure on the price . Additionally, a public dispute between Donald Trump and Elon Musk has unsettled investor sentiment, contributing to the market's volatility .

Despite the current bearish trend, some experts maintain an optimistic long-term outlook for Bitcoin. Projections suggest that BTC could reach $125,000 by the end of June and potentially climb to between $150,000 and $200,000 by the end of 2025, driven by factors such as increased institutional adoption and favorable regulatory developments .