🔲In the early hours of June 22, Bitcoin’s price fell below $101,000, losing over $5,000 within a matter of hours. Although it later partially recovered to $102,700, it still remains well below the May peak of $112,000.
🔲Ethereum saw an even steeper decline, dropping below $2,300. All of the top 100 altcoins were in the red, with some losing more than 10%. The spike in market volatility triggered mass liquidations — over $710 million worth of positions were closed in a single day. Experts believe the market is currently searching for a new balance following the sharp correction.