June 23, 2025 — Bitcoin (BTC) has slipped below the critical $100,000 threshold, rattling investor confidence amid escalating geopolitical tensions and macroeconomic uncertainty.
The drop follows confirmation from U.S. President Donald Trump of military strikes on Iranian nuclear facilities, prompting fears of a broader regional conflict. As oil prices spike and global markets brace for volatility, Bitcoin—often seen as a hedge against traditional finance—has not been immune.
> “Bitcoin dipped below $100K with $950 million in crypto liquidations,” reported BeInCrypto, highlighting the scale of the market’s reaction.
📉 Market Snapshot
– BTC/USD fell to a low of $99,490, its weakest level in over a month
– Ethereum (ETH) dropped below $2,200
– XRP slid under $2
– Over $950 million in crypto positions were liquidated in 24 hours
Despite the sell-off, long-term holders remain steady, with no major on-chain outflows reported. Analysts suggest this could be a short-term correction rather than a structural breakdown.
🔍 What’s Next?
Technical analysts are eyeing $93,000–$95,000 as potential support zones. A bounce from these levels could reignite bullish momentum, especially if macro conditions stabilize.
Meanwhile, some traders view the dip as a buying opportunity, citing Bitcoin’s historical resilience during geopolitical crises.
Bottom line: Bitcoin’s dip below $100K is a psychological blow—but not a death sentence. As history shows, BTC thrives in chaos, and this may be the setup for its next major move.
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