#Crypto Market Dip

Geopolitical Jitters & Liquidations! 📉

As of today, June 22, 2025, the crypto market is experiencing a notable downturn, with Bitcoin (BTC) dipping below $102,000 USDT and many altcoins seeing steeper corrections.

For our community in Pakistan, this translates to a significant drop in value across their digital assets. 🇵🇰

The primary driver for this market "dump" appears to be escalating geopolitical tensions, specifically US airstrikes on Iran's nuclear facilities.

Such global instability often pushes investors away from "risk-on" assets like cryptocurrencies and towards traditional safe havens. 🌍✈️

The sudden downturn has triggered a wave of liquidations, with reports indicating over $595 million in crypto long positions wiped out, affecting more than 172,000 traders.

Ethereum (ETH) and Bitcoin suffered the most significant losses from these cascading liquidations. 💔 ETH, for instance, saw a critical break of support, leading to over $250 million in long liquidations.

While the Federal Reserve is expected to keep interest rates steady in July, the immediate market reaction is dominated by fear and uncertainty. Traders are now watching key support levels closely, with a breakdown below $100,000 for BTC potentially accelerating the sell-off. Stay vigilant and manage your risk! 📊🔒