Today Crypto Market Dump – Bitcoin Dips Near $100K as Market Faces Volatility

The crypto market turned red today with Bitcoin trading close to $100,000. Here’s the latest on today’s crypto market dump and what it means for traders and airdrop hunters.

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Today Crypto Market Dump – Bitcoin Slips Near $100K, Altcoins Follow

The crypto market experienced a sharp downturn today, and leading the fall is none other than Bitcoin, which is now trading dangerously close to the $100,000 support level. This sudden price drop has sparked concerns across the industry, affecting not just traders but also crypto airdrop participants and long-term holders.

🔻 Bitcoin Nears $100K – What Happened?

As of June 6, 2025, Bitcoin (BTC) is trading at around $101,785 (~₹7.38 lakh INR), down over 3% in the last 24 hours. The cryptocurrency hit an intraday low of $100,781, signaling a potential retest of the psychological $100K level.

Key reasons behind today’s dump: • Regulatory pressure from U.S. authorities • Market-wide correction after recent bullish trends • Heavy selling by Bitcoin whales • Concerns about interest rate hikes

The decline in Bitcoin has had a ripple effect across the broader crypto market, sending altcoins into the red zone.

📉 Altcoins Follow Bitcoin’s LeadBitcoin’s drop has pulled major altcoins down as well. Here’s a quick look: • Ethereum (ETH) is now hovering below $3,500 • Solana (SOL) fell over 8% in a single day • BNB, XRP, and ADA have also seen losses between 5–10%If you’re active in airdrop farming, this dip might affect your token values. But remember, volatile markets often bring new airdrop opportunities.🧠 What Should Crypto Traders and Airdrop Hunters Do? 1. Don’t panic. Sudden dips are part of the crypto cycle. 2. Watch Bitcoin’s $100K support level – a breakdown could lead to further selling. 3. Re-evaluate your altcoin holdings and airdrop tokens. 4. Keep an eye out for new airdrop campaigns, especially those launching in bear markets.🔔 Stay Ahead With Airdropwala.comAt Airdropwala.com, we’re committed to giving you not just the latest crypto airdrop news, but also Bitcoin market updates, price alerts, and trending crypto insights. Subscribe now or join our Telegram channel for real-time updates!