#CryptoRoundTableRemarks
Crypto Markets in Red! BTC Dips to $104K, Gold Tokens Shine
June 13’s looking rough for crypto, Bitcoin just dropped to $104,303, down over 3% in 24 hours, dragging most altcoins along with it. But here’s what’s really moving the markets today
Main Trigger: Middle East Tensions
News of Israeli airstrikes on Iran sparked global risk-off mode. BTC$BTC reacted fast, tumbling from highs near $112K. ETH’s also hurting, down nearly 9%, now trading around $2,517. Fear levels are creeping up, and investors are clearly spooked.
Market Mood:
The Fear & Greed Index sits at 54 (Neutral), but don’t let that fool you. The global crypto market cap dropped by 4.25%, now at $3.25 trillion. It’s a classic correction, deep, sharp, and sentiment-driven.
Top Gainer Today: PAX Gold (PAXG)
While the broader market bleeds, gold-backed tokens are quietly shining.
PAXG is up 1.93%, now trading at $3,453.58. Looks like some investors are rotating into safer assets as volatility hits hard.
Biggest Loser: Fartcoin (FARTCOIN)
Yep, it crashed nearly 18% today. From joke to broke.
ETF Inflows = Hidden Strength?
Despite the red, institutions aren’t backing off. BTC ETFs pulled in $980M this week. That’s serious firepower. Could this dip be the setup for a bigger move?
Other Notable Dips:
DOGE: -4.07%
SOL$SOL : -4.33%
LTC: -2.43%$
XRP$XRP : -1.93%
ETH Futures Open Interest just hit $20B (all-time high), a possible hint at what’s coming next.
Expert Takeaways:
BTC still showing resilience near support $103.5K
Breakout above $112K could ignite a rally toward $137K
But drop below $100K = Bear season
Macro trends, oil prices, and rate cut expectations are all in the mix
Today’s dip is more than just market noise, it's a reaction to real global tension. But under the surface, smart money is still here. Are you buying the dip or sitting this one out?
#CryptoRoundTableRemarks #BTC110KSoon? #StrategyBTCPurchase #MarketPullback
