$BTC Crypto Just Got Smacked — June 6, 2025

Welp… the markets decided to nosedive today.

Bitcoin, ETH, SOL — all took punches. $BTC is down about 3.1% and hanging out (uncomfortably) around $101.7K.

Yeah… not the mood we were hoping for.

So what’s behind the sudden faceplant? Let’s break it down 👇

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1. 💥 Leverage Blowups

Too many people playing leverage chicken — and lost. Once prices dipped, margin calls started flying. Forced selling kicked off a domino effect. Boom. More red.

2. 🐦 Elon vs. Trump = Chaos