📉 Today in Crypto – June 17, 2025
Market Snapshot
Bitcoin retraced from its intra‐day high (~$108.8K) to around $104.8K, down ~2.6% intraday .
Ethereum fell to $2,530.85, sliding $2.67K) .
Why the dip?
Geopolitical tensions—especially escalating Israel–Iran conflict—spooked risk assets, pulling crypto lower, though BTC “held firm” around psychological support zones .
Despite the pullback, Bitcoin spot ETFs attracted strong institutional inflows: $408.6M into BTC ETFs and $21.4M into ETH ETFs .
Broader outlook
The crypto market cap hovered around $3.3T, edging down ~1%–2% today .
Tron, Bitcoin Cash, Monero, and Pendle led intraday gains, while Solana, Dogecoin, and SPX6900 were among the top decliners .
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🧭 Watch The Horizon
Geopolitics: Ongoing Israel–Iran tension could trigger more volatility .
Macro & Fed: Markets await the upcoming U.S. Federal Reserve decision, with potential implications for risk‐asset flow .
Technical levels: BTC support lies near $106K–$104K, with resistance around $108–110K .