Here is a summary of why the price of Bitcoin ($BTC ) is showing a correction (red) on June 9, 2025:
Stock market information for Bitcoin (BTC)
* Bitcoin is a crypto in the CRYPTO market.
* The price is 105573.0 USD currently with a change of -54.00 USD (-0.00%) from the previous close.
* The intraday high is 106368.0 USD and the intraday low is 105110.0 USD.
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🧭 Factors Causing Today's Correction
1. Regulatory Concerns & Massive Liquidation
The correction trend arises amid renewed regulatory uncertainty, putting pressure on the crypto market broadly. An event of liquidation worth about USD 3 billion was also noted to trigger the decline in Bitcoin's price.
2. Contraction Volatility & Technical Pressure