In just the past day, Bitcoin has plummeted by around 7-8%, with its current price hanging at roughly $110k after dipping to almost $107k. This sudden drop is pretty shocking. I previously mentioned a possible liquidity sweep due to the price imbalance, but it fell way lower than expected. It might be linked to Trump threatening China with huge tariff hikes or some big players trying to grab liquidity. If it doesn’t bounce back soon, a lot of investors are gonna freak out.
Bitcoin drops more than 7%
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We're on slow weekend volume too so I wouldn't hold out much hope for not seeing any more chaotic and volatile spikes. That being said, we're still within a fairly safe and edpected range for Bitcoin (TA wise it just rejected upper resistance and tested support - we also set a new ATH recently and new ATHs often lead to a downward movement afterwards and before the next ATH to test prior pricing levels, make the move a bit more sustainable, and increase investor/speculator confidence).
Nothing new nor surprising about the drop. Simply normal variance.
BTW: This would be an excellent time to BUY!
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#4Jun 30, 2025, 08:27 PM
i got dip today
alone with my mining dca
hodl!
Being such a young asset with a relatively small market cap, Bitcoin can still make significant short-term moves based on
someone's stupid tweet or some negative macro-economic news, etc. But the long-term fundamentals of bitcoin remain intact
as always which is what matters in the long run, so don't let the short-term volatility scare you.
Bitcoin is down a little bit and you can easily see how altcoins are very vulnerable to crash by effects of Bitcoin corrections. And it's important to warn altcoin enthusiasts that it's still in a bull run and things will become more terrible in a bear market that will start in next coming months like Q1 or Q2 2026. If you are not well prepared with your portfolio as well as plan to exit the market, you will be big troubles with altcoins in a next bear market.
Even in this bull run, altcoin market has become harder to get profit compares to past market cycles as consequence of altcoin inflation in the last two years.
Old story but still has its value.
Don't buy altcoins because they are top altcoins.
vault_nodeFull Member
Posts: 174 · Reputation: 666
#7Jul 3, 2025, 01:45 AM
Buying the dip is what most traders have been waiting for. Although the major chunk of users are going to end up selling due to the fear of losses, it would be the wrong move.
Even still if you want to go and buy do so with multiple levels of buying, dont spend all the held fiat capital at one level.
That way you have some edge if the market keep crashing down before slowing.
alex_shardSenior Member
Posts: 200 · Reputation: 979
#8Jul 3, 2025, 04:26 AM
The reason given above sounds funny but it may be true because short term traders are always looking for the slight opportunity to manipulate the price. Now they dumped bitcoin and will be waiting to buy them back at lower prices. I feel pity for any retail that will sell due to panic from the dump because that is exactly what they want retails to do so that they can buy their bitcoin at very cheap prices. Holding is always the way to go irrespective of what the price is doing.
There's no need to panic about this, Bitcoin has dropped worse than this, so this drop is still within reasonable limits, and now the market has recovered to $112k USD, I feel quite sorry for those who panicked and sold at $104k USD, because they are easily influenced by short-term market situations, even though if they had just HOLD and not sold, they probably wouldn't have suffered a loss.
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#10Jul 3, 2025, 08:16 AM
unfortunately my long position triggered SL .
That aside, is it really because trump's warn against china? I've seen that post in social truth the first minutes and the price literally didn't move just SPX that's dumping.
Then after few hours suddenly price goes down so fast, even some altcoins are losing 90% of value although recover back, it is that crazy.
There is nothing strange about the price drop; we have experienced worse than this in times past. The tariff war especially between the two world's biggest economies usually has a great influence on the market. The unexpected Chinese restrictions on rare earth and Trump's response to impose higher tariffs affected almost all markets globally. Bitcoin price has started stabilising, and hopefully negotiations between both nations will ease the pressure on the market. As others have mentioned, this is an opportunity to purchase discounted Bitcoin.
Finally bitcoin is doing again... "bitcoin things" .
It was a lot of time that I was not seeing such crazy movements in few minutes.
As I have seen in some local sections... are institutionals, governments and so on, ready for that heavy changes in the values?
Anyway, don't be focused on value/btc price. The real value isn't just how much FIAT you need for purchasing it...
ninja_ledgerFull Member
Posts: 96 · Reputation: 308
#13Jul 3, 2025, 05:28 PM
Really is mental how one person can dictate the whole market just by posting on X.
A deal will be made between US and China and this will all blow over within a week, buy the dip!
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#14Jul 5, 2025, 04:24 AM
It was close to almost $100000. It rose back fast, that could be the reason you did not see it.
That is Trump for us with his trade war with China. I wish bitcoin is not reacting to trade war with market fall but should react to it with uptrend. Trade war supposed to increase bitcoin price but fall stock prices, how Trump is linked to bitcoin makes it to be the other way for bitcoin, unlike gold.
In theory, the news of Trump's new tariffs is seen as the main reason for the massive sell-off in the market. But anyone who has been in market long enough will understand this is blatant manipulation by the market makers to wipe out liquidity, mainly long positions. More than $20 billion was liquidated in just a few hours and this is considered the largest liquidation in the market in years.
Only 1.2 billion were liquidated when the covid pandemic happened and only 1.6 billion when FTX collapsed. But more than $19 billion was liquidated by Trump's announcement.
https://x.com/QuintenFrancois/status/1976906323058213118
Bitcoin price fell to $102k on Binance and other alt prices fell by up to 80% in just 15 minutes, which happened for the first time in the history of the crypto world. And the amount of money that has been liquidated for this event has never been seen before. Donald Trump's bizarre activities have made the stock market and the crypto market completely unpredictable. The entire crypto market is now under their control, they are looting billions of dollars by moving the market in various ways at will. Donald Trump has now become a big threat to crypto investors. No one can predict what will happen in the market suddenly.
you are very wrong here because bitcoin losing over 7 to 8 percent of it value won't leave investors in panic if it's doesn't recover quickly. investors will see this dip as a buying opportunity to add up to their bitcoin holding, and before now those who are investing in bitcoin with long term mindset knows that bitcoin has it own ups and downs so when bitcoin start fluctuating dramatically they don't panic rather they see it as a buying opportunity to buy and hold. The only guys who will panic right now are those guys who bought bitcoin with short term mindset, so if you OP actually bought bitcoin with long term mindset there is no reason for you to panic, because bitcoin will retain it value just with time, and you should know this by now as a bitcoin enthusiast that you are.
Yep, Trump's tariff war game weakens USA both economically and politically, while feeding his and his friend's pockets (I hope you are not so naïve to think that some of these actions are not premeditated and the reaction of stock market and crypto prices is not expected).
Not necessarily. Day traders, yes, they may panic. Investors? Nah, they think long term and in the grand scheme of things this price drop means pretty much nothing.
block_2018Senior Member
Posts: 155 · Reputation: 949
#19Jul 6, 2025, 06:45 PM
Many traders with long positions are placing stop lossesthey don't want to suffer big losses.
Today's news: Liquidation of $19.14 billion, according to reports on X.
This is larger than in previous years.
Yeah, people are linking this news to Trump raising import tariffs on China. But this news alone is having a significant impact on the crypto market.
Many altcoins are down due to an overreaction from the market, and it seems unlikely they will recover anytime soon.
viper_blockSenior Member
Posts: 205 · Reputation: 1216
#20Jul 6, 2025, 10:23 PM
Yes, I saw the drop, but I don't panic because I know that it may happen anytime. That is why you should apply a Stop Loss in your trade so you will not lose much and can still make a profit. This situation became more unpredictable as Bitcoin dropped deeper than we expected.
But no need to panic and worry because the price will increase and make a new ATH. The market is in the weekend position, so it is normal if we see a correction, although the correction this time is down a lot.
We don't know the reason for the drop is, so we should enjoy the situation and prepare for something.