🚨 Crypto Market Update – June 7, 2025
The cryptocurrency market is experiencing significant volatility today, influenced by political developments and market dynamics.
Bitcoin (BTC) has dipped below the $101,000 mark, extending its weekly loss to over 4%. The decline is attributed to the liquidation of $1 billion in long positions and escalating tensions between Elon Musk and Donald Trump, which have unsettled investor sentiment .
Ethereum (ETH) has also seen a downturn, falling over 6% and trading below $2,500. The broader market is affected by uncertainties surrounding the Federal Reserve's policies, geopolitical issues, and profit-taking activities .
In a notable development, former President Donald Trump has launched an official meme coin, $TRUMP, which has reportedly generated billions of dollars shortly after its release .
Stay informed and exercise caution during these turbulent times in the crypto market.
❓QUICK QUESTION FOR YOU GUY'S ❓
➡️ which Alt coin you're bullish right now ❓ comment 👇🏻✅