$BTC Crashes Below $100K as Geopolitical Tensions Escalate


$BTC has plunged below the $100,000 mark following an escalation of global tensions.


The leading cryptocurrency dropped over 3% to $99,843, marking its lowest price since early May.


$ETH took a harder hit with a 10% decline to $2,171, also reaching two-month lows.


Major #altcoins, including $XRP at $1.95, $SOL at $127, and $DOGE at $0.147, all hit two-month price floors.


Crypto liquidations surged to $949 million in 24 hours, with $849 million in long positions getting wiped out.


$ETH led liquidations at $369 million, followed by $BTC at $242 million.


Prediction market users on Myriad now give $BTC a 65% chance of falling below $95,000 before reaching new highs at $115,000.


The #geopolitical escalation threatens to destabilize financial markets further as Middle East tensions intensify.

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June 22, 2025 at 11:36 PM
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