Crypto-Price-Today---Pak

 

Bitcoin holds near $101K, Ethereum struggles, and over $1B liquidated in 24hrs! 


The cryptocurrency market today is seeing big movements, with major coins like Bitcoin and Ethereum reacting sharply to global news. Prices have shown strong volatility throughout the day, keeping traders on edge. While some coins are recovering slightly, others remain under pressure due to market uncertainty, whale activity, and upcoming options expiry. 


Bitcoin Holds Near $101K, but Struggles to Regain Strength

 

Bitcoin is currently priced around $101,139, after bouncing back from a sharp drop below the $100,000 mark earlier in the day. The day’s price ranged between $98,460 and $102,910, showing how much volatility is present in the market right now. 

The sharp dip happened shortly after tensions rose between the U.S. and Iran. The news hit the broader financial markets too, but Bitcoin’s price felt an immediate impact as some investors rushed to sell. However, Bitcoin didn’t stay down for long. Buyers stepped in and pushed the price back above the $101,000 level.

Bitcoin’s price movement shows a clear battle between buyers and sellers. While traders are trying to break above resistance at $102,000, the sellers are defending that area strongly. If Bitcoin manages to stay above this zone, it could spark more buying and possibly a rally. On the other hand, if it drops below $100,000 again, more selling pressure might follow. 


Ethereum Drops But Finds Some Support 

 

Ethereum has also faced strong downward pressure today. Its current price sits at $2,236, after trading between $2,134 and $2,294 over the past 24 hours. Earlier this week, Ethereum was holding above $2,500, but a combination of whale transfers and global fears has dragged it down. 

One of the biggest stories affecting Ethereum came when a whale moved over 130,000 ETH to Coinbase. Such large movements often scare the market, as they hint that big players might be preparing to sell. This added to the overall negative sentiment and pushed Ethereum lower.

On the charts, Ethereum looks weak. Technical indicators show that it is trending in a bearish direction. The Relative Strength Index (RSI) is nearing oversold levels, and the price remains below its main moving averages. A key support zone lies around $2,240. If Ethereum breaks below this level, it could signal more downside.
 

Geopolitical Tensions Shake Crypto Market 

 

The ongoing military situation involving the U.S. and Iran has triggered a wave of fear across the financial world. This fear has directly affected cryptocurrencies. Bitcoin, Ethereum, Solana, and many other tokens saw sudden drops in price over the last 24 hours. The total value of the crypto market dropped by over 6%, bringing its market capitalization down to about $3.16 trillion. 

These events also triggered massive liquidations in the crypto world. Over $1 billion worth of long positions got wiped out as prices fell sharply. Traders with high leverage faced the brunt of these moves, and many platforms saw heavy sell-offs. Such liquidations often create quick price drops, followed by slow and cautious recovery.
 

XRP Moves Sideways in Tight Range 

 

XRP, unlike Bitcoin and Ethereum, is trading in a narrow range today. It moved between $2.065 and $2.081, and has not shown major movement either way. The price seems to be stuck below the 20-day moving average, which is acting as resistance. 

If XRP manages to close above $2.083, it might try to push higher. But if it falls below $2.065, the price could slide toward $2.04 or lower. This tight range shows that traders are unsure about where XRP is headed next. A breakout in either direction will likely bring a strong follow-up move. 


Regulatory News Brings Optimism 

 

While the price action looks shaky, some positive news has come from the U.S. government. On June 17, the U.S. Senate passed the GENIUS Act, a new law designed to regulate stablecoins. This bill sets clear rules about how stablecoins should be backed, audited, and managed. It also focuses on preventing money laundering and increasing transparency in the crypto space. 

This law is a big step toward giving crypto a more stable place in the financial system. It gives businesses and investors more confidence that rules are being created to protect them. After the bill passed, Coinbase’s stock price shot up by nearly 17%, showing strong support from traditional investors. 

In another big development, BlackRock, one of the largest asset managers in the world, is considering launching new crypto ETFs. These ETFs might include major altcoins like Cardano, Polkadot, and Solana. If this happens, more institutional money could flow into the market, making crypto more mainstream than ever. 

 

Market Outlook for the Week 

 

Several key price levels are now under close watch. For Bitcoin, support lies just below $100,000. If it breaks down from there, more panic selling could follow. On the flip side, a break above $102,000 could flip the market bullish and lead to a fast move toward $105,000. 

Ethereum needs to stay above $2,240 to avoid deeper losses. A move back toward $2,400–$2,500 would help restore confidence. Right now, the trend still favors caution. 

Altcoins like XRP, Solana, and Avalanche are mostly tracking sideways. Their next move depends largely on how Bitcoin and Ethereum perform. If the majors stabilize, these tokens could follow with delayed rallies. 

The upcoming options expiry on June 27 will also play a big role. Many traders are adjusting positions ahead of this event, which often brings sharp moves in price. The next few days could bring either a strong recovery or deeper pullbacks, depending on how news and global markets evolve. 


Final Thoughts 

 

The crypto market is facing a classic mix of fear and opportunity. Prices are reacting quickly to global events, while long-term signals from regulations and institutional moves bring some hope. Bitcoin and Ethereum are at critical levels that could decide the next big trend. Altcoins are waiting on the sidelines, showing signs of both caution and potential. 

As June 2025 enters its final week, the market will likely remain volatile. Traders and investors are watching closely for signs of stability, recovery, or further declines. What happens next could set the tone for the rest of the summer.