Bitcoin crashed. Fell below $99,000 — liquidations exceeded $650 million
On the evening of June 22, Bitcoin continued its decline, breaking through the $99,000 mark. During the night of June 23, 2025, the price hit a low of $98,200 (according to TradingView). Daily liquidations exceeded $650 million.
The Fear and Greed Index dropped sharply into the “orange” zone, signaling growing market anxiety.
The main reason for the drop, according to market participants, is the escalating geopolitical tension in the Middle East. The correction had already begun the day before — when the price fell below $101,000 for the first time in a while and continued to decline by the evening of June 22.
At the time of writing, the price has partially recovered: Bitcoin is trading just below $102,000.
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