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Bitcoin Tumbles Below $106K as Crypto Markets Face Late-Day Selloff

Bitcoin Tumbles Below $106K as Crypto Markets Face Late-Day Selloff

Author:
Coindesk
Published:
2025-06-12 21:13:45
5
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Crypto Cracks Late in Day, Bitcoin Slumps Below $106K

Crypto bulls got a reality check today as Bitcoin cratered below $106K—just when Wall Street traders were reaching for their after-work martinis.

Blood in the algo-water

The selloff hit like a cascading liquidation, dragging majors down 8-12% across the board. Market makers yanked liquidity faster than a DeFi exploit drains a protocol.

Silver lining for degenerates

This dip puts BTC back in ''buy the f
*ing dip'' territory for levered traders—assuming they haven''t already been margin called. Meanwhile, traditional finance guys are smugly adjusting their bond portfolios.

Wake-up call or buying opportunity? The market''s next move will separate the diamond hands from the leverage junkies. Just remember: corrections are healthy—until they''re not.

|Square

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