đď¸ Market Snapshot â June 21, 2025
Bitcoin is trading around $103,508, down about 1.16%, with an intraday range between $106,451 and $102,609.
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đ Key Highlights
Volatility Wave: BTC experienced a rapid drop from above $106K, triggering approximately $450M in liquidations, mostly long positionsâhighlighting a tense battle between bulls and bears.
Risk-On Recovery: Despite the sell-off, Bitcoin later rebounded, rising ~1.1% to about $106,081 early today amid easing geopolitical tensions and improved risk appetite.
Defensive Market Mood: BTC dominance has climbed above 64%, reflecting a shift toward safer crypto assets as altcoins lag behind.
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đ Outlook
Bitcoin is consolidating in a tight $103Kâ$106K range, digesting recent volatility. Watch for potential breakoutsâeither a rebound toward $108K or a drop below $103K. Traders should stay alert to macroeconomic developments and broader crypto market flows.$BTC