$ETH

Why etherium down today??

Market Move Highlights 13th June 2025

🪙 Bitcoin is down about 2.4%, currently trading near $105 k, fluctuating between roughly $108 k and $103 k today.

💠 Ethereum has dipped more sharply—around 7.7–9%, with its current price near $2,528.

🌐 Total Crypto Market Cap has declined by ~4–7%, hovering around $3.25 trillion.

🔥 Key Drivers

1. 🌍 Geopolitical Turmoil

Renewed airstrikes in the Middle East (🇮🇱 Israel–🇮🇷 Iran tension) triggered a risk-off reaction, prompting a widespread selloff across crypto.

2. 📆 Options Expiry Volatility

Nearly $3 billion in Bitcoin and $687 million in Ethereum options are expiring today. Large expiries often amplify volatility, and current prices are gravitating toward the “max pain” levels (~$107 k for BTC, ~$2,700 for ETH).

3. 💥 Liquidation Activity

Intense liquidation events have occurred—Coinglass reports over $250 million in long liquidations, wiping about 4% off BTC intraday prices.