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Bitcoin Plunges Below $100K as XRP and Dogecoin Prices Hit 2-Month Lows

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Crypto prices continued to crater Sunday morning, with Bitcoin dropping below $100,000 mark, Ethereum plunging 10% on the day, and assets like Solana, XRP, and Dogecoin falling to multi-month lows.

The downward shifts came after the United States entered the conflict between Israel and Iran, with President Donald Trump announcing late Saturday that U.S. forces bombed three Iranian nuclear facilities in an attack dubbed Operation Midnight Hammer.

The move threatens to further inflame tensions in the Middle East, following recent back-and-forth attacks between Israel and Iran. Much like those attacks, the salvo from the United States is impacting financial markets as well.

Bitcoin is currently down more than 3% on the day at a price of $99,843. That’s the lowest price marked for the leading cryptocurrency since early May, per data from CoinGecko.

Ethereum has taken a much harder hit on the day, falling more than 10% to a current price of $2,171. Like Bitcoin, it’s the lowest mark seen for ETH since early May, paring back some of the sizable gains that the coin put up last month.



Major altcoins like XRP, Solana, and Dogecoin haven’t fallen as hard as ETH on the day, but their historical impact is more pronounced, with all three showing low prices not seen in two months. XRP is currently priced at $1.95, while Solana comes in at $127 and Dogecoin is at $0.147.

Liquidations have only accelerated across the crypto market, with CoinGlass showing $949 million worth of “rekt” positions over the last 24 hours. Ethereum is leading the way there with about $369 million worth, followed by Bitcoin at $242 million.

The vast majority of the liquidations are longs—or bets that an asset’s price will go up—at $849 million worth.

Users of prediction market Myriad have become increasingly bearish on Bitcoin’s price prospects amid the chaos. Asked whether BTC is more likely to jump to $115,000 (a new all-time high) next or plunge below $95,000, users give the latter option a nearly 65% chance as of this writing.

Just Friday morning, Myriad users were banking on the $115,000 move.

(Disclosure: Myriad is a product of Decrypt’s parent company, DASTAN.)

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Crypto Market Crash Incoming!! Bitcoin Nears 100K, Eth, Xrp, Sol, Doge Falling
GameFi Guides

Crypto Market Crash Incoming!! Bitcoin nears 100K, ETH, XRP, SOL, DOGE Falling

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The Crypto Market is bracing for a crash as Bitcoin ( BTC) teeters dangerously  close to the $100,000 mark, a level that could trigger panic selling. The fear is not just from within the ecosystem as global conflicts such as the Israel-Iran war have escalated again, right after the India-Pakistan conflict.

Currently trading at $102,730 Bitcoin has already dropped 2.58% in the past week, and market sentiment is shifting towards bearish sentiment as BTC has breached its $104k support. With the increasing selling pressure bulls are struggling to keep up with price and may soon let bears have the complete field.

$680M in Total Liquidations, ETH tops the Pain Chart

Over $680 million in crypto long and short positions were liquidated in the last 24 hours, with more than 172,000 traders wrecked. The single largest liquidation order was of $9.15 million,  recorded on HTX involving ETH/USDT pair.

Liquidation Heatmap | Source: Coinglass

Ethereum (ETH) is leading the slide, losing over 5.71% in 24 hours to $2,268. In these 24 hours alone, ETH saw staggering $282 million in liquidations, according to heatmap charts. This nearly doubles Bitcoin’s $151.69 million wipeout, signalling that ETH bulls are taking the brunt of the downturn.

  • Ethereum: trading at $2271, Liquidated  $282 million liquidated
  • Bitcoin: trading at $102,730, liquidated $151.6 million
  • Solana: trading at $135, liquidated $28.9 million
  • XRP: trading at 2.07, liquidated 21.9 million
  • Doge: trading at $0.156, liquidated 10.8 million

As all these cryptos are near their major support zones, bitcoin breaking the $100k support can ignite a market crash. Socially trending alt coins and memecoins have already felt the jitters as they have begun to fall over 15%. Pi coin is down 17.5%, Pepe coin is also down 17.4%. Dog with hat (WIF) and FLOKI both are down 15%.

Also Read: Crypto Price Today (June 21): Altcoins Drop! AB, VIRTUAL, SPX, UNI Crash 10%



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Bitcoin price could fall under $100k, options data suggests
GameFi Guides

Bitcoin price could fall under $100k, options data suggests

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Bitcoin price has retreated in the past few days, and the futures market points to more downside, potentially to $100,000.

Bitcoin (BTC) dropped to $104,650 on Wednesday, June 18, marking a 6.52% decline from its highest level this year. Option traders are increasingly betting on further declines. Data from Deribit shows that the put-to-call volume ratio rose to 2.17, indicating that more traders are buying put options as a hedge.

A put option gives investors the right, but not the obligation, to sell an asset at a specific price within a defined time period. In this case, for contracts expiring on Friday, open interest in put options is concentrated at the $100,000 strike.

Investors remain cautious amid the escalating crisis in the Middle East. In a statement on Tuesday, Donald Trump suggested the U.S. may enter the conflict and potentially target Iran’s Supreme Leader, Ayatollah Ali Khamenei.

The conflict could fuel inflation in the U.S. and globally. Brent and West Texas Intermediate crude prices rose to $76 and $74, respectively, while global shipping costs have also jumped. As a result, the Federal Open Market Committee may opt for a wait-and-see approach, monitoring the impact of geopolitical tensions and Trump’s proposed tariffs.

On a more positive note, Bitcoin demand appears to be rising. Spot Bitcoin ETFs saw over $216 million in inflows on Tuesday, bringing total cumulative inflows to $46.26 billion. In a note, an XBTO analyst said:

“A hawkish signal from the Federal Reserve could strengthen the US dollar and trigger a test of the psychological $100,000 mark. The geopolitical situation remains a wildcard, where further deterioration would likely trigger another move down across risk assets.”

Bitcoin price has formed a double-top pattern

BTC price chart | Source: crypto.news

On the eight-hour chart, BTC has pulled back from a high of $110,500 to around $104,530. It has formed a double-top pattern with a neckline at $100,300, a formation often associated with bearish breakouts.

Bitcoin has also fallen below the 50-period Exponential Moving Average and is approaching the 23.6% Fibonacci retracement level. Meanwhile, the MACD indicator has dropped below the zero line.

As such, Bitcoin may continue falling, with the next level to watch being $100,300, about 4.2% below current prices. A break below that support could open the door to a deeper decline toward the 38.2% retracement level at $97,560.



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Bitcoin Price Crashes! Will Btc Drop Below $100K Today?
GameFi Guides

Bitcoin Price Crashes! Will BTC Drop Below $100K Today?

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Bitcoin is on the verge of slipping below the crucial $100,000 psychological mark, trading at $100,992.72 as of writing on Thursday, June 5. The world’s largest cryptocurrency is down more than 4% over the last  24hrs. 

The market cap is retreating to $2 trillion, according to CoinMarketCap data. The latest price chart shows an accelerated downward move that began late on June 5, with volume surging past $54 billion—a 21% spike suggesting heavy liquidation or panic sell-off.

Despite a community sentiment still leaning bullish (82% positive), the current technical trend reflects bearish momentum, especially after failing to hold the $104K-$105K consolidation zone.

The ongoing downtrend is part of the crypto market crash that has already wiped off $595 million in liquidations.

Also Read: Crypto Market Crash: 3 Reasons Why BTC, ETH, XRP Dropped Suddenly



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hammer thugs steal pokemon cards
Esports

Family card business “heartbroken” after $100K of rare Pokemon cards stolen

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A family card business is “heartbroken” after $100,000 worth of Pokémon cards were lifted out of their possession. 

Pokémon cards have always been big business, but the sales side of things has exploded in popularity in the last few years. Collectors have gone digging through the family homes in the hopes that they still have their original collection and cards that could be worth big money.

However, with big money being involved, there has been plenty of nefarious activity too. Fake cards have been floated, scalpers have bought up boxes so that actual collectors have to shell out above retail, and incredibly expensive cards have been stolen. 

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While criminals have gone to prison for stealing cards, businesses are left in the lurch for a while as they try to recover.

Texas Pokémon collectors have $100k stolen in cards & cash

On June 2, family business Evolutions Trading was broken into by criminals who targeted a number of high-value cards and cash.

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The Killeen, Texas-based collectors revealed that “an estimated $100,000 worth of vintage Pokémon cards” were stolen in the robbery. This included Skyridge Umbreon, a Gold Star Charizard, and a FireRed LeafGreen Charizard EX, which are all graded 10. These have price tags of $10,000, $18,000, and $5,000, respectively. 

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“This is a devastating moment for our small, family-owned business. We’ve poured our hearts into building a space for collectors, players, and the community. To have it violated like this is heartbreaking,” they said on Facebook. 

Facebook: Evolutions TradingThe family business was “heartbroken” by the robbery

The Pokemon collectors noted that the criminals were masked and their security cameras didn’t get all that great of a look at them. That has been passed onto law enforcement to deal with.

Their town came together for a ‘Trade Night’ that saw people donate money, helping them clean up the broken glass, and, of course, buy cards. 

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“We will come back from this. Stronger, more determined, and more grateful than ever,” they said.

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Bitcoin traders anticipate decline, watch $100K
Crypto Trends

Bitcoin traders anticipate decline, watch $100K

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Key takeaways:

  • Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price.

  • After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders.

Bitcoin’s (BTC) price trades 6% below its all-time highs of $111,900, and traders warn the asset may see a “larger correction” in June as $100,000 becomes a key level of interest.

Bitcoin price key support remains $100K

In a repeat of the move that followed its rise above $100,000 on May 8, Bitcoin has successfully held above this level for more than three weeks.

This is the critical point on traders’ radars and one that has not received a convincing retest recently.

MN Capital founder Michael van de Poppe spotted Bitcoin hovering at $104,300 saying that after being rejected from the $106,000 level, BTC may drop lower before regaining upward momentum.

An accompanying chart showed $100,000 was the key level to watch on BTC’s four-hour timeframe. 

“Clear rejection on #Bitcoin implying that we’re going to see lower prices before we see upwards momentum.”BTC/USD four-hour chart. Michael van de Poppe

Pseudonymous analyst CrypNuevo shared a chart showing that Bitcoin failed to flip the resistance at $106,000 into support. 

“So we could likely head to $100K psychological level + 150EMA.”

Meanwhile, popular analyst AlphaBTC projected a deeper correction that could see BTC price drop as low as $90,000, if the support at $100,000 is lost.

“$BTC is likely to go sideways for some time as this larger correction plays out in the first weeks of June, waiting for more hard data and the FOMC on June 18.”BTC/USD four-hour chart. Source: AlphaBTC

As reported by Cointelegraph, BTC price action could preserve $100,000 as support based on Glassnode’s market value realized value (MVRV) bands.

Related: Bitcoin price dips under $104K as Russia-Ukraine woes rile US stocks

Liquidations waiting at $100K and below

Several traders eyed a potential downside liquidity grab with bid orders thickening below the spot price, and others clustering below $100,000.

“$100K is a strong psychological level and liquidity tends to stack in these levels,” said CrypNuevo in a separate post on X. 

The latest data from monitoring resource CoinGlass showed price eating away at bids around $105,000, with the bulk of interest clustered between the spot price and $100,000.

Bitcoin liquidation heatmap (screenshot). Source: CoinGlass

High bid orders were also building up below $100,000, with $170 million worth of liquidity sitting around $93,200.

On the upside, the $112,500-$113,500 cluster was the main liquidity area. 

“There is significant liquidity in both directions, with a more concentrated build up below the lows of the last few days,” AlphaBTC said on X.

“I wouldn’t be surprised if $BTC ran the lows and then rallied back up to take what’s left above.”

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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Analyst Warns For Bitcoin’s Bearish Divergence: Dip Below $100K Incoming?
GameFi Guides

Analyst Warns for Bitcoin’s Bearish Divergence: Dip Below $100K Incoming?

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Cooling off from its recent run to a new all-time high last week, Bitcoin is now at a pivotal moment as its price dips below $105,000, with experts issuing a stark warning of a bearish divergence. 

In a recent post on X, the prominent crypto trader and analyst, Willy Woo, highlighted a potential bearish divergence on Bitcoin’s weekly chart, a technical pattern that could signal an impending reversal or prolonged stagnation.

The divergence occurs when the price fails to confirm the momentum shown by indicators like the Relative Strength Index (RSI), often a precursor to sideways or downward movement. 

Dear Mr Bitcoin, you have 2 days 16 hours to rally or your gonna print a bearish divergence on weekly charts and then we will be bored for weeks and weeks. pic.twitter.com/SkrhkRFeCJ

— Willy Woo (@woonomic) May 30, 2025

Woo’s analysis gives Bitcoin a tight window of 2 days and 16 hours to rally and avoid printing this bearish signal. A failure to do so could usher in a “sideways summer,” a period of low volatility that has historically frustrated traders. However, Woo’s analysis is argued by other traders, with an user stating that this is not a valid bearish RSI divergence.

“A proper one requires both RSI peaks above 70, with the second one lower, while price makes a higher high,” noted the user. “Here, RSI doesn’t even reach 70—so it’s not a textbook divergence, just potential momentum weakness at best.”

At the time of writing, Bitcoin is trading near $105,285—down 5.42% in the past 7 days. It has a 24 hour trading volume of $60.65 billion as of latest market data. 

As Bitcoin approaches this critical juncture, traders are on edge, balancing optimism from global trade developments against technical warning signs. The next few days could determine whether Bitcoin surges to new highs or enters a phase of prolonged boredom for investors.

Also read: Bitcoin Is Perfected Capital: Saylor at Bitcoin Conference 2025





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James Wynn takes $5.3m loss, bets $1.2b on Bitcoin lifeline
NFT Gaming

Bitcoin bulls are ignoring these three red flags, drop to $100K likely?

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Bitcoin slipped under key support at $108,000, gathering liquidity below the $107,000 level on Thursday. The largest cryptocurrency’s holders appear unimpressed by promises from regulators and bullish commentary from U.S. Vice President JD Vance and Senator Cynthia Lummis. BTC could sweep liquidity under the $100,000 milestone this week or over the weekend, analysts warn.

Bitcoin bulls are slowing down, what’s next 

Bitcoin’s (BTC) maximalists and permabulls are showing signs of slowing down, with Strategy’s purchases declining in volume. Between May 19 and May 25, Strategy acquired 4,020 BTC at $40.61 billion, using proceeds from “Common ATM, STRK ATM and STRF ATM,” according to the firm’s May 26 filing. 

Barron’s reported a correlation between Strategy’s Bitcoin purchases and BTC price. While some analysts argue the company’s large acquisitions have positively influenced BTC, TD Cowen examined six months of price action and trading volume and concluded that “MicroStrategy’s purchases represented only a fraction of total Bitcoin trading volume, with a median average weekly result of 3.3%.”

The correlation is insignificant, therefore Bitcoin’s price trend is unaffected by Strategy’s purchases. 

News of Wall Street giants and firms adding Bitcoin to their treasuries may have lifted sentiment among traders. However, there is no clear evidence of meaningful impact, and this week, traders remain largely unmoved by both promises and purchases.

Institutional capital flow into U.S.-based spot Bitcoin ETFs is also declining, while large whales and long-term BTC holders are realizing profits on their positions.

Bitcoin Spot ETF Flows | Source: Farside Investors

Since April 1, three key segments of Bitcoin holders have shown similar behavior. Addresses holding 10–100 BTC, 1,000–10,000 BTC, and 100,000–1 million BTC have all reduced their holdings, likely cashing out gains from the April to May rally.

Santiment data shows a steep decline in holdings of the three cohorts. 

Bitcoin holder cohorts and declining holdings | Source: Santiment 

If this profit-taking continues, it could increase selling pressure across exchanges and push BTC lower in the long term.

Bitcoin price forecast

Bitcoin is currently trading under the $108,000 support level, at $106,286 at the time of writing. On the daily timeframe, technical indicators support a bearish outlook. The RSI is trending downward at 56, while the MACD is printing red histogram bars below the neutral line, both signs of weakening momentum.

BTC could collect liquidity at support levels S1 and S2, marking the upper and lower boundaries of the FVG on the daily chart, located at $102,315 and $97,732, respectively. A retest of the $100,000 psychological milestone remains a likely scenario.

Bitcoin is currently less than 4% away from its S1 support. Once the FVG is filled, a recovery may begin, as this zone is marked as a bullish FVG on the BTC/USDT daily chart.

BTC/USDT price chart | Source: Crypto.news 

Alternatively, a daily close above $108,000 could invalidate the bearish structure and open the door for a retest of the all-time high at $111,980.

Capital rotation is real though altcoin season is delayed 

The team of analysts at Bitunix told Crypto.news in an exclusive interview that capital rotation favors altcoins in certain segments this cycle, rather than a full-blow alt season as observed during 2018 and 2020 bull runs. 

As Bitcoin’s market dominance weakens, analysts suggest BTC may have peaked. Despite institutional inflows, several altcoin sectors have shown relatively stronger performance.

Bitunix analysts said:

“We’ve observed accelerating volume and capital inflows into narrative-driven tokens in sectors like AI (e.g., FET, RNDR), real-world assets (e.g., ONDO, LINK), and Layer 2 (e.g., ARB, OP). 

If BTC faces resistance in the 110k–115k range and ETH breaks through the critical $2800–$3000 level, we could see a segmented capital rotation favoring high-narrative, high-liquidity altcoins, rather than a traditional full-blown altcoin season.”

Altcoin season, typically defined as a period when 75% of the top 50 altcoins outperform Bitcoin, appears either delayed or segmented this cycle. Experts support a theory of focused rotation into specific narratives instead of broad altcoin outperformance.

Ruslan Lienkha, Chief of Markets at YouHodler, told Crypto.news in a written note that recent activity suggests a correction rather than a full reversal.

Lienkha noted that Bitcoin has spent most of 2025 trading between $90,000 and $110,000, a key consolidation zone saturated with market orders. This suggests strong interest and potential support. He believes another leg up is likely, with BTC potentially rallying to a new all-time high after more range-bound trading.

James Toledano, Chief Operating Officer at Unity Wallet said,

“Bitcoin’s rally to a new all-time high of almost $112,000 has already priced in bullish catalysts like institutional inflows and geopolitical uncertainty. As liquidity tightens ahead of key economic data, traders are likely adopting a wait-and-see approach. I see it as a stabilization and not a stall, reflecting a classic consolidation phase after strong gains earlier in the month. With open interest still high and funding rates relatively neutral, this sideways movement suggests a temporary breather rather than a trend reversal.”

Toledano is in agreement with Lienkha on a temporary breather and a return to the all-time high as Bitcoin consolidates in a key support zone. 

Bitunix analysts also commented on macroeconomic factors influencing Bitcoin price. They noted that the latest Federal Reserve minutes signal a “dove in hawk” stance, with the policy direction still unclear. The analysts Analysts stated in a seperate note: 

“BTC as a high volatility asset is the first to bear the brunt of uncertainty, technically we need to pay attention to the support zone of $107,700-$106,500, if it breaks down, it may be down to $105,000, and the upper pressure of $110,800-$112,000, we recommend to wait and see before a breakthrough.”

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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CoinDesk 20 members’ performance
NFT Gaming

BTC Price Holding Above $100K Is Cementing New Psychological Floor

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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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