📉 Price of $BTC & $ETH Plummets Today — What Caused It?
🗓️ May 31, 2025
The two largest assets in the crypto market, $BTC and $ETH, recorded a sharp decline today. Many traders and investors are wondering: why has it dropped this much?
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📊 Summary of Today's Prices
Asset Opening Price Closing Price Difference
$BTC $106,297 $103,875 -2.28%
$ETH $2,611 $2,496 -4.39%
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🔍 Causes of the Sharp Decline
🔻 Whale Sell-Off
> More than $900 million worth of $BTC was moved to exchanges in the last 24 hours — a strong signal of a major sell-off.
🌍 Global Geopolitics & Economy
> Global tensions and recession fears are causing investors to avoid risky assets like crypto.
💰 Profit-Taking by Miners & Long-Term Holders
> After $BTC hit its ATH, many took profits. Sell pressure has increased.
🏦 Institutions Reduce Exposure to Bitcoin ETFs
> Some spot $BTC ETFs are seeing reduced holdings by institutional investors — the market is becoming more sluggish.
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🧠 Conclusion
The market is undergoing a healthy correction. Although tense, for many investors, this could be an accumulation opportunity. Make sure to #DYOR and use risk management!
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🚀 Are you buying or waiting for another drop? Share your thoughts!
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