The crypto market has seen a sharp dip since June 17, with BTCUSDT, ETHUSDT, and XRPUSDT facing notable declines. The drop is driven by a mix of global and market-specific factors.
๐ Market Snapshot (June 18, 2025)
Bitcoin (BTCUSDT): Struggling near $105,000 after dropping over 2%.
Ethereum (ETHUSDT): Holding around $2,530 with weak momentum.
Ripple (XRPUSDT): Trading near $0.47 amid broader market pressure.
๐ฅ Cause of the dip
1. Geopolitical Tension: Renewed conflict concerns in the Middle East have pushed investors into safe assets.
2. Fed Meeting Caution: Traders are waiting for interest rate signals from the U.S. Federal Reserve this week.
3. Liquidation Spike: Over $150 million in long positions were liquidated in 24 hours, especially in BTC and ETH futures.
๐ Whatโs Next?
A short-term bounce is possible if global tensions ease and Fed signals remain neutral. Until then, caution and proper risk management are key.
Stay updated, trade smart.
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