📉 $BTC Bitcoin Update: Market Pullback Amid Global Tensions

As of June 12, 2025, Bitcoin (BTC) is trading at $107,742 , experiencing a slight decline of 1.96% over the past 24 hours. The intraday high reached $109,898, while the low dipped to $106,742 .

Key Market Drivers:

Geopolitical Concerns: Rising tensions in the Middle East have introduced uncertainty into global markets, leading to a cautious approach among investors. This has contributed to the recent pullback in Bitcoin's price .

Market Correction: Following a brief rally fueled by favorable CPI data, the crypto market experienced a sharp reversal. This "fakeout" led to significant liquidations and a technical breakdown, affecting Bitcoin's momentum .

Looking Ahead:

Despite today's dip, Bitcoin remains above the $100,000 mark, maintaining its bullish trend. Analysts continue to monitor the market closely, considering factors like geopolitical developments and macroeconomic indicators that could influence Bitcoin's trajectory in the coming weeks.

Stay informed and trade wisely. 📊