📉 Why Is Crypto Down Today? CPI, Liquidations & Macro Uncertainty Hit Markets

After briefly rallying on cooler-than-expected U.S. inflation data, crypto prices have reversed course. Here’s what’s behind the dip:

Bitcoin dropped 1.4% after hitting $110K, now trading around $107.6K

Ethereum fell 1.6%, now hovering near $2,750 after testing $2,878

XRP, Dogecoin, and others also saw red amid high volatility and profit-taking

🔻 Key reasons for the decline:

Stalled U.S.-China trade talks triggered risk-off behavior

Massive $683M in liquidations, mostly long positions, amplified the sell-off

Crypto market cap broke key $3.35T support, triggering technical breakdowns

Despite cooler CPI at 2.4%, macroeconomic uncertainty remains

📊 Expert Insights:

BTC could still target $115K–$150K in 2025 depending on recovery

ETH might revisit $2,900–$3,000 if momentum returns by July

XRP lawsuit ruling on June 16 could be a game-changer

DOGE looks weakest technically, risking drop to $0.15

💬 Analysts say short-term choppiness is likely, but long-term outlook stays bullish.

Are you buying the dip or waiting it out?

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