Bitcoin Crash 2025: BTC Drops Below $103K, $450M Liquidated
Bitcoin plunged below $103,000 on Thursday during U.S. trading hours, wiping out $450 million in crypto liquidations as extreme volatility rippled through the market. This sudden crash marks a 1.2% dip in Bitcoin's price within 24 hours, shaking investor confidence amid uncertain market conditions.
Crypto Market Volatility Today Triggers Massive Liquidations
The crypto market saw intense turbulence as Bitcoin (BTC) initially surged past $106,000 before reversing sharply to the $103,000 level. According to CoinGlass, this price swing triggered approximately $450 million in liquidations, with $387 million coming from long positions that had bet on continued gains.
Ethereum (ETH) experienced an even steeper fall, dropping 4.5% to $2,372 in just 90 minutes. CoinDesk reports that ETH’s trading volume surged to nearly 800,000 tokens traded, about eight times its usual hourly volume, reflecting heightened panic selling.
Other altcoins including Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) also suffered losses ranging from 3% to 5%, compounding the market-wide decline.
Bitcoin Liquidation Amount Reveals Market Pressure
The $450 million liquidation amount highlights the risks traders face amid this volatility. Most liquidations were from longs, signaling that many investors were caught off guard by Bitcoin’s swift downturn. This dynamic adds to the ongoing tug-of-war between bullish long-term outlooks and short-term market fears.
James Toledano, COO at Unity Wallet, called the situation a "stalemate," noting that Bitcoin remains trapped between $100,000 and $110,000 as investors weigh geopolitical risks and economic uncertainty.
Ethereum Price Drop June 2025 Reflects Market Uncertainty
Ethereum’s rapid price decline amplifies concerns about the market’s fragile state. The drop below $2,400 may test investor resolve, especially given ETH’s high trading volume during the sell-off. Analysts caution that this pattern may persist if broader market sentiment fails to stabilize.
Solana Price Decline June 2025 and Altcoin Impact
Solana’s price drop is part of the broader altcoin slump, which often amplifies Bitcoin’s price moves. The roughly 3-5% declines across multiple altcoins suggest traders are retreating from riskier assets, possibly reallocating funds or exiting positions entirely in response to the heightened crypto market volatility today.
What’s Next for Bitcoin and Crypto Markets?
While some market watchers see this phase as a healthy consolidation after months of bullish momentum, others remain cautious. Bitcoin’s psychological support near $100,000 will be critical in the coming days, and traders will closely watch for signs of a breakout or further decline.
In the absence of clear macroeconomic triggers—the U.S. stock markets dipped only slightly during the same period—experts suggest the crypto sell-off stems mainly from internal market forces and mixed investor sentiment.
Learn More About Crypto Market Trends
For those tracking these developments, it’s useful to explore detailed bitcoin liquidation amount data and stay updated on crypto market volatility today. Additionally, understanding ethereum price drop June 2025 helps contextualize broader market impacts.