Bitcoin has regained upward momentum, holding above the $104K mark, as traders turn their attention to the strength of the U.S. dollar for future signals. With the Federal Reserve adopting a cautious stance, the greenback's performance could dictate the next big move in the crypto market.
Cryptocurrency markets declined broadly in mid-June 2025, with Bitcoin down 1.4% to $104,737. Ethereum is falling 1.6% to $2,525, XRP is dropping 3% to $2.15, and Dogecoin is extending losses for a fifth consecutive day to $0.17. Geopolitical tensions between Israel and Iran, combined with over $230 million in liquidations, drove the market-wide weakness.
Bitcoin holds steady above $105K amid Middle East tensions and trade-war concerns. BTC dipped to ~$104.2K overnight before rebounding, supported by strong accumulation and structural technical support near $105K Global crypto market cap stands at ~$3.27 trillion, with Bitcoin at ~$105,011 (+0.34%). Altcoins like BMT, USTC and HOME are leading gains, while BNB slipped below 650 USDT $190 million in leveraged crypto positions were liquidated due to recent volatility. Notably, nearly $107 million in shorts and $83 million in long positions were wiped out, triggering a potential short squeeze rally
Get the latest crypto market analysis for March 2025, including Bitcoin price trends, Ethereum predictions, DeFi updates, and regulatory changes impacting the crypto industry
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