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by: xpoolPosted on: June 5, 2025

Bitcoin Plunges 3.5%, Leading to Major Market Liquidations

Bitcoin experienced a significant downturn today, leading to losses of over 3.5% in the past 24 hours. Its price currently hovers around $100,900, narrowly above the crucial psychological level of $100,000. The decline may be attributed to escalating geopolitical tensions between China and the US, a heated debate between Elon Musk and Donald Trump, and a general dip in US tech stocks, particularly Tesla’s performance.

Related posts:

  1. Bitcoin Price Plummets: Drops Below $91,000 USD after 5.59% Overnight Decline
  2. Bitcoin Plunges, Triggering Massive $250 Billion Drop in Crypto Market
  3. Bitcoin Plummets Below $79,000, Losing 4.96% in 24 Hours
  4. Bitcoin Plummets Below 89,000 USDT, Experiences Significant Daily Drop
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