Bitcoin Blows Below $100K Amid Market Volatility
The price of Bitcoin, the world’s largest cryptocurrency, dropped by 4.13% on Sunday, settling at $99,237, according to data released by Reuters at 10:52 a.m. U.S. Eastern Time (14:52 GMT).
At the same time, Ethereum—the second-largest cryptocurrency—suffered an even steeper fall, plunging 8.52% to $2,199.
While Bitcoin showed strong growth throughout the first half of 2025, the price slump in June has triggered concern among investors.
Analysts suggest that “global financial policy uncertainty, complexities surrounding U.S. interest rates, and a trend of profit-taking” could be driving this recent dip in cryptocurrency prices.
Despite the recent volatility, many market analysts remain optimistic about Bitcoin’s long-term trajectory, citing stable demand across the digital asset space.
