So, guess what? The cryptocurrency market is throwing quite the tantrum today! 🥳 Thanks to some not-so-subtle geopolitical tensions in the Middle East, investors are feeling about as secure as a cat in a room full of rocking chairs. The global crypto market cap has dropped by 4.47%, leaving us with a mere $3.18 trillion—because who needs stability, am I right?
Let’s check in on our favorite crypto darlings: Bitcoin is currently sliding into the weekend at $104,954, down over 2%. Ethereum isn’t having a good hair day either, falling to $2,522 after a 2.66% dip. And poor XRP? It’s practically wiping tears with a 9% drop down to $2.16. Traders are reacting like it’s the beginning of a horror movie, and nobody wants to be the last one standing! 💔
Geopolitical Tensions Adding to the Pressure
Could Bitcoin Drop to $100K?
If things get any more dramatic, Bitcoin might just test its psychological support level of $100,000. I mean, it sounds like an emotional support number, right? If it dips below that, it may find itself sliding into the $92,000–$95,000 range, which is the price equivalent of that awkward moment when you see an ex in public. 😱
Ethereum might follow its big bro down the rabbit hole, with short-term support hanging out at $2,400. If we drop below that, we could be looking at a sad stroll down to $2,200. It’s like watching your bank account dwindle while you’re scrolling through online shopping sites! 🛒💳
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2025-06-18 06:37