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Bitcoin Craters to $100K as $837M in Crypto Positions Vanish

Published by news.bitcoin.com on 2025-06-05

Bitcoin Craters to $100K as $837M in Crypto Positions Vanish

On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day.

Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin.

While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for the digital asset.

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