📉 Crypto Market Update – June 18, 2025

🔻 Geopolitical Tensions Drive Market Selloff

The crypto market is seeing a broad pullback today, as rising tensions between Iran and Israel, along with macroeconomic uncertainty, weigh heavily on investor sentiment. A major cyberattack on Iran’s Nobitex exchange, resulting in an $82M loss, has added further pressure.

🟠 Bitcoin (BTC) remains relatively resilient, holding above $100K and trading between $104.1K–$105.5K, though still down around 1.4–3%. Key support lies at $102K; resistance ahead at $106K and $111.5K.

🟣 Ethereum (ETH) has dropped more sharply, down 1.5–5.5% in the past 24h to around $2,500. However, staking continues to grow, with 35.35M ETH staked and ETF inflows signaling institutional interest.

🔻 Altcoins are hit harder: $XRP, $SOL, $DOGE, $ADA, $LINK, $AVAX, $DOT, $SHIB, $LTC, $HBAR—all showing red across daily and weekly timeframes.

While the short-term outlook is cautious, long-term holders remain unfazed, and some analysts still see BTC targeting $120K–$200K by year-end if conditions stabilize.

#Bitcoin #Ethereum