$BTC Yesterday, June 5th, 2025, Bitcoin experienced a downturn, with its price falling by over 3% to approximately $101,650, down from around $104,812. This decline saw the cryptocurrency trading at its lowest level since early May, breaking below key support levels. The broader crypto market also saw a slight decrease in capitalization.

Analysis suggests this movement was influenced by profit-taking from long-standing holders, particularly after Bitcoin had held above the $100,000 mark for an extended period. Despite the pullback, some analysts view this as a routine pause rather than a sustained decline, with options markets indicating continued positive sentiment among traders. However, a drop below $100,000 remains a possibility if critical support zones aren't held.