đ¨ Bitcoin Crash: What Just Happened to the Worldâs Top Cryptocurrency?
June 22, 2025 â by Mr. Sikandar
Bitcoin (BTC), the king of cryptocurrencies, has just experienced a dramatic crashâsending shockwaves through global financial markets. After soaring to record highs above $111,000 just weeks ago, BTC has plummeted nearly 12% in a single day, breaking below the $99,000 level and triggering widespread panic among investors.
đ The Numbers
As of writing:
Current Price: ~$98,500 USD
24-Hour Drop: -$13,000 (approx.)
Weekly Loss: Over 18% from recent highs
Market Cap: Shaved off more than $200 billion
The price crash has not only hit Bitcoin but also dragged down the broader crypto market. Ethereum, Solana, and meme coins like Dogecoin and Pepe have also suffered double-digit declines.
𧨠Why Did Bitcoin Crash?
Several factors contributed to the sudden decline:
Profit-Taking After All-Time Highs: After touching a record ~$111,970, many institutional and retail investors started taking profits.
Regulatory Pressure: Fresh crackdowns and tighter regulations from governments in Europe and Asia have sparked fear in the market.
ETF Slowdown: Bitcoin ETF inflows, once a major bullish catalyst, have stagnatedâhinting at waning demand from big investors.
Macro Uncertainty: Hawkish signals from central banks and growing concerns over inflation have led many investors to exit risky assets, including crypto.
đŹ Reactions from the Community
Crypto Twitter is ablaze with panic, memes, and speculation. Influencers like @CryptoKing tweeted, âThis is 2021 all over again. Strong hands HODL. Weak hands panic.â
On Redditâs r/CryptoCurrency, some users are calling it âa healthy correction,â while others fear a deeper crash is coming.
Meanwhile, seasoned investors are urging calm:
âCorrections are normal in crypto. Weâve seen 30â50% dips even in bull markets,â said Mina Rahimi, a blockchain analyst. âWhat matters is the long-term adoption curve.â
đŽ Whatâs Next?
Short-Term Outlook: The $95,000â$98,000 zone will be key. If BTC holds, it may consolidate and recover.
Bear Scenario: If Bitcoin drops below $95K, it could retest $85K supportâleading to further fear.
Bull Scenario: A bounce back above $103K with strong volume may restore confidence.
đĄď¸ What Should Investors Do?
Donât panic sell. Review your long-term strategy.
Set stop-losses if youâre trading short-term.
Watch key support/resistance levels and monitor ETF flows.â ď¸ Final Thoughts
Bitcoinâs crash is a stark reminder of cryptoâs wild volatility. Itâs not the first time BTC has plummetedâand likely not the last. Whether this is just a temporary shakeout or the start of a deeper bear market will depend on how the next few days unfold.
Stay informed. Stay calm. The market always finds its footingâeventually.
It's just a perdition take it on your behalf