📉 Reasons for the cryptocurrency market decline — morning of June 13, 2025

🔻 Bitcoin has dropped to ~$103,000 (–5%)

🔻 Ethereum has decreased to ~$2,470 (–10%)

🧾 Main reasons:

1️⃣ Geopolitics:

Israeli airstrikes on Iran have caused panic in global markets. Investors are massively moving to 'safe assets' — the dollar and bonds.

2️⃣ Technical correction:

BTC and ETH have reached overbought zones. After the breakout of Bollinger Bands, a pullback began.

3️⃣ Mass liquidations:

Over $1.2 billion in liquidations of margin positions within a day, which intensified the decline.

4️⃣ Macroeconomic data:

Inflation in the US has decreased to 2.4%, but the 'fakeout' effect led to a brief rise and subsequent sell-off.

📌 Conclusion:

This is more of a correction than a crash. Stabilization is expected after the clearing of positions, provided there is de-escalation of conflicts.

#CryptoMarket #Bitcoin #Ethereum #June13,2025 #CryptoNews