Bitcoin (BTC) fell to its lowest price this month on June 20th, causing a $464 million liquidation across the cryptocurrency market, rattling geopolitical unrest and intense sales pressure.
Bitcoin fell to a low of $102,225, reversing profits recorded the day after failing to break through resistance above $106,000.
Coinglass data shows that over $466 million in leveraged positions have been wiped out in the last 24 hours. Of this, $392.9 million came from long positions, while about $73.4 million came from shorts.
Ethereum (Eth) liquidation was $157.8 million, surpassing Bitcoin’s $124.1 million in the last 24 hours. Over 130,736 traders have been liquidated with the latest wipeout, and the largest single liquidation order in Bybit’s BTCUSD pair was liquidated at $8 million.
At the time of reporting, Bitcoin was trading at $103,122 as it attempted to hold it beyond the $102,000 support established earlier this month. Meanwhile, Ethereum was trading at $2,412 after falling to a low of $2,363.
The wider Altcoin market reflects Ethereum’s performance, falling to a new monthly low despite Bitcoin exceeding $102,000.
The latest decline coincided with new geopolitical tensions in the Middle East, with reports of military strikes rekindling risk aversion across global markets. Stocks were also traded lower, and prolonged uncertainty allowed digital assets to be under pressure in the short term.
Technical analysts warned that if Bitcoin falls below the main $102,000 threshold, it could open the door to a deeper loss to the $100,000 or $90,000 range. However, a surge in liquidation and extreme negative sentiment could indicate a short-term bottom potential if buyers intervene to absorb the sale.
Bitcoin has been volatile for most of June, repeatedly testing resistance and support from $100,000 for the best ever support. Despite recent declines, flagship codes have continued to rise by around 40% since the start of the year, supported by strong institutional demand and new exchange trade fund flows earlier this year.
The market is closely watching the signs of stabilization over the weekend, paying attention to whether Bitcoin can hold psychological support above $100,000.
Bitcoin Market Data
When reporting 7:57pm, 2025 UTC on June 20th, 2025Bitcoin ranks number one in terms of market capitalization, and the price is under 1.01% Over the past 24 hours. Bitcoin has a market capitalization 2.05 trillion dollars 24-hour trading volume $4.909 billion. Learn more about Bitcoin›
Overview of the Crypto Market
When reporting 7:57pm, 2025 UTC on June 20th, 2025Crypto market totals are evaluated by 3.2 trillion dollars There is a 24-hour volume $1100.3 billion. Bitcoin’s advantage is currently underway 64.26%. Crypto Market Details›
