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Why Crypto Is Going Down Today? Bitcoin, Ethereum, Dogecoin and XRP Prices Fall After CPI Read
A slightly
cooler-than-expected U.S. inflation reading initially boosted cryptocurrency
prices but ultimately led to a market correction.
In effect,
the cryptocurrency market continues to navigate turbulent waters in June 2025,
with major digital assets experiencing significant price movements amid
shifting macroeconomic conditions. Bitcoin price fluctuations, Ethereum price
volatility, XRP price corrections, and Dogecoin price swings have captured
retail traders’ attention as they seek to understand the underlying factors
driving these market dynamics.
Why Is
Crypto Down? This article explores the key factors behind the recent market
decline, while also presenting the latest expert price predictions and insights
from technical analysis.
The crypto
landscape has shown mixed signals during the last 24-hour window. Bitcoin
price initially surged above $110,000 following cooler-than-expected U.S.
Consumer Price Index (CPI) data, but subsequently retreated to close at
$106,687, marking a 1.4% decline. The flagship cryptocurrency continues trading
around $107,634 as of Thursday, maintaining its position as the market leader
despite ongoing volatility
Volatility
In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad
In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad
Read this Term.
Ethereum
price action has been similar, with ETH testing the $2,878 level on Wednesday, its
highest point in several months, before closing 1.6% lower at $2,720. The
second-largest cryptocurrency by market capitalization is currently trading
near $2,750, representing a 0.8% decline as it struggles to maintain momentum
above key resistance levels.
Why is crypto going down today? Source: CoinMarketCap.com
XRP price
has faced consistent selling pressure, declining for three consecutive days and
currently trading at $2.23, down 1.4%. Despite briefly touching $2.3368 during
Wednesday’s session, a two-week high, the token has failed to sustain its
bullish momentum amid ongoing regulatory uncertainty.
Dogecoin
price mirrors the broader market sentiment, initially rising above $0.20 before
closing Wednesday’s session with a 2.5% loss at $0.1934. The meme
cryptocurrency continues its decline, falling an additional 1.5% to $0.19 on
Thursday.
Why Is Crypto Down? Mixed
Impact of U.S. CPI Reading
The primary
catalyst stems from stalled U.S.-China trade negotiations, with Treasury
Secretary Scott Bessent’s confirmation dampening investor sentiment and
triggering risk-off behavior globally.
The U.S.
inflation reading released on Wednesday also played a role. Although the
cryptocurrency market initially reacted positively to the Consumer Price Index
(CPI) report, showing
annual inflation at 2.4%, slightly below the expected 2.5%, investors
remain cautious due to ongoing concerns over the growing debt burden of the
U.S. government.
Source: BLS.gov
“The
latest U.S. CPI data has been published and came in slightly cooler than
expected, giving the market some optimism that inflation might be easing,” Dr.
Kirill Kretov from CoinPanel explains the current market dynamics. “However,
macroeconomic uncertainty is still high. With the market’s thin liquidity, even
moderate players with enough capital could easily move prices against
expectations.”
Massive
liquidations have amplified the downward pressure, with over $683.4 million in
crypto futures liquidated within 24 hours. Long positions accounted for $617.85
million of these liquidations, demonstrating the extent of overleveraged
bullish positions in the market.
Technical
breakdown occurred as the total crypto market capitalization broke below the
critical $3.35 trillion support level. This technical failure triggered
algorithmic selling and stop-loss orders, creating additional downward momentum
that affected all major cryptocurrencies.
Bitcoin Price Predictions:
Expert Analysis and Forecasts
Bitcoin
price predictions for June 2025 remain cautiously optimistic despite recent
volatility. Leading analysts suggest a trading range between $100,000 and
$120,000 as BTC consolidates above key exponential moving averages while
maintaining its bullish long-term structure.
Multiple
forecasting models present varying scenarios for Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term’s trajectory. Bitfinex
analysis targets $115,000 by early July 2025 in bullish scenarios, while Tom
Lee from Fundstrat presents perhaps the most aggressive outlook, targeting
$150,000 to $250,000 by year-end.
Why is Bitcoin price going down today. Source: Tradingview.com
The
supply-demand dynamics supporting these projections remain compelling. Bitwise
research indicates that 95% of all Bitcoin has been mined, yet 95% of the world
doesn’t own Bitcoin. This massive imbalance suggests enormous potential for
price appreciation as adoption accelerates.
Changelly’s
technical analysis forecasts Bitcoin reaching $123,000, representing a 12%
increase from current levels.
Related: How High Can Bitcoin Go? Experts’ BTC Price Predictions Eye $125K in June and $150–200K by Year-End 2025
Ethereum Price Outlook And
Summer Rally Expectations
Ethereum
price predictions for June 2025 indicate potential recovery toward the
$2,800-$2,900 zone if bullish momentum revives mid-month. Downside risk
persists to $2,280, especially if macro sentiment weakens further.
However, my
technical analysis indicates that Ethereum has managed to break out of the
consolidation range that persisted between May and June, with the upper
boundary near $2,730. This breakout suggests that, from a medium-term
perspective, the cryptocurrency may have room for further gains.
Why is Ethereum price going down today. Source: Tradingview.com
“A
small positive for cryptocurrencies as the CPI data was just below expectations,”
Paul Howard from Wincent provides measured commentary. “We can confidently say
we expect a continued sideways movement in digital asset prices for the short
term, with expectation prices edge higher over the summer and beyond.”
Analysts
expect summer months to bring increased trading activity, further supporting
ETH price predictions. In July 2025, Ethereum is likely to hover between $2,900
and $3,000, nearing the psychological $3,000 mark.
XRP, Dogecoin And Altcoin
Market Dynamics
XRP price
faces critical catalysts in June 2025, with the Ripple lawsuit outcome expected
on June 16 serving as a major market driver. If the legal proceedings end
favorably with manageable penalties or clear regulatory distinction for XRP,
analysts anticipate renewed buying pressure.
Current
forecasts suggest XRP could break above $0.65 and rally toward $0.80 or higher
in favorable scenarios. However, negative court or regulatory news could push
the token down to primary support around $0.45.
Why is XRP price going down today. Source: Tradingview.com
You may also like: XRP’s Weekend Gain and Bullish Flag Pattern Support 50% Jump Prediction
From a technical
standpoint, Dogecoin appears to be the weakest among major cryptocurrencies.
The $0.25 level is acting as strong resistance, while a downward trendline
continues to push the price lower. As a result, a move toward the $0.15 area
now seems more likely.
Why is Dogecoin price going down today. Source: Tradingview.com
Crypto News, FAQ
Why Is Crypto Down Now?
The
cryptocurrency market is experiencing downward pressure in June 2025 due to
several interconnected factors creating a perfect storm of selling sentiment.
Stalled US-China trade negotiations have emerged as the primary catalyst, with
Treasury Secretary Scott Bessent confirming that talks are “a bit
stalled,” triggering risk-off behavior among investors. This geopolitical
uncertainty has historically impacted cryptocurrency prices due to their strong
correlation with risk assets.
Why Is the Crypto Market
Falling?
The crypto
market’s current decline reflects a combination of macroeconomic uncertainty
and reduced investor demand. Bitcoin’s bearishness follows waning demand after
its run to all-time highs above $111,000, with demand metrics reaching levels
historically associated with market tops. Bitcoin’s 30-day demand growth
reached 229,000 BTC on May 28, near the previous demand growth peak of 279,000
BTC that marked the market top in December 2024.
Will Crypto Rise Again?
Yes,
historical patterns and fundamental analysis strongly suggest crypto will
recover and rise again in 2025. The cryptocurrency market has demonstrated
remarkable resilience through previous crashes in 2013, 2018, and 2022, each
time emerging stronger and more mature. Several factors support a bullish
recovery outlook for the remainder of 2025.
Is It Still Worth
Investing in Crypto?
Yes, it
remains worth investing in cryptocurrency, but with important caveats regarding
risk management and portfolio allocation. 73% of U.S. crypto holders plan to
continue investing in cryptocurrency in 2025, signaling strong long-term
confidence in the market. This trend spans across income levels, with both
higher-income and lower-income groups citing established coins as the most
appealing investment option.
A slightly
cooler-than-expected U.S. inflation reading initially boosted cryptocurrency
prices but ultimately led to a market correction.
In effect,
the cryptocurrency market continues to navigate turbulent waters in June 2025,
with major digital assets experiencing significant price movements amid
shifting macroeconomic conditions. Bitcoin price fluctuations, Ethereum price
volatility, XRP price corrections, and Dogecoin price swings have captured
retail traders’ attention as they seek to understand the underlying factors
driving these market dynamics.
Why Is
Crypto Down? This article explores the key factors behind the recent market
decline, while also presenting the latest expert price predictions and insights
from technical analysis.
The crypto
landscape has shown mixed signals during the last 24-hour window. Bitcoin
price initially surged above $110,000 following cooler-than-expected U.S.
Consumer Price Index (CPI) data, but subsequently retreated to close at
$106,687, marking a 1.4% decline. The flagship cryptocurrency continues trading
around $107,634 as of Thursday, maintaining its position as the market leader
despite ongoing volatility
Volatility
In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad
In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad
Read this Term.
Ethereum
price action has been similar, with ETH testing the $2,878 level on Wednesday, its
highest point in several months, before closing 1.6% lower at $2,720. The
second-largest cryptocurrency by market capitalization is currently trading
near $2,750, representing a 0.8% decline as it struggles to maintain momentum
above key resistance levels.
Why is crypto going down today? Source: CoinMarketCap.com
XRP price
has faced consistent selling pressure, declining for three consecutive days and
currently trading at $2.23, down 1.4%. Despite briefly touching $2.3368 during
Wednesday’s session, a two-week high, the token has failed to sustain its
bullish momentum amid ongoing regulatory uncertainty.
Dogecoin
price mirrors the broader market sentiment, initially rising above $0.20 before
closing Wednesday’s session with a 2.5% loss at $0.1934. The meme
cryptocurrency continues its decline, falling an additional 1.5% to $0.19 on
Thursday.
Why Is Crypto Down? Mixed
Impact of U.S. CPI Reading
The primary
catalyst stems from stalled U.S.-China trade negotiations, with Treasury
Secretary Scott Bessent’s confirmation dampening investor sentiment and
triggering risk-off behavior globally.
The U.S.
inflation reading released on Wednesday also played a role. Although the
cryptocurrency market initially reacted positively to the Consumer Price Index
(CPI) report, showing
annual inflation at 2.4%, slightly below the expected 2.5%, investors
remain cautious due to ongoing concerns over the growing debt burden of the
U.S. government.
Source: BLS.gov
“The
latest U.S. CPI data has been published and came in slightly cooler than
expected, giving the market some optimism that inflation might be easing,” Dr.
Kirill Kretov from CoinPanel explains the current market dynamics. “However,
macroeconomic uncertainty is still high. With the market’s thin liquidity, even
moderate players with enough capital could easily move prices against
expectations.”
Massive
liquidations have amplified the downward pressure, with over $683.4 million in
crypto futures liquidated within 24 hours. Long positions accounted for $617.85
million of these liquidations, demonstrating the extent of overleveraged
bullish positions in the market.
Technical
breakdown occurred as the total crypto market capitalization broke below the
critical $3.35 trillion support level. This technical failure triggered
algorithmic selling and stop-loss orders, creating additional downward momentum
that affected all major cryptocurrencies.
Bitcoin Price Predictions:
Expert Analysis and Forecasts
Bitcoin
price predictions for June 2025 remain cautiously optimistic despite recent
volatility. Leading analysts suggest a trading range between $100,000 and
$120,000 as BTC consolidates above key exponential moving averages while
maintaining its bullish long-term structure.
Multiple
forecasting models present varying scenarios for Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term’s trajectory. Bitfinex
analysis targets $115,000 by early July 2025 in bullish scenarios, while Tom
Lee from Fundstrat presents perhaps the most aggressive outlook, targeting
$150,000 to $250,000 by year-end.
Why is Bitcoin price going down today. Source: Tradingview.com
The
supply-demand dynamics supporting these projections remain compelling. Bitwise
research indicates that 95% of all Bitcoin has been mined, yet 95% of the world
doesn’t own Bitcoin. This massive imbalance suggests enormous potential for
price appreciation as adoption accelerates.
Changelly’s
technical analysis forecasts Bitcoin reaching $123,000, representing a 12%
increase from current levels.
Related: How High Can Bitcoin Go? Experts’ BTC Price Predictions Eye $125K in June and $150–200K by Year-End 2025
Ethereum Price Outlook And
Summer Rally Expectations
Ethereum
price predictions for June 2025 indicate potential recovery toward the
$2,800-$2,900 zone if bullish momentum revives mid-month. Downside risk
persists to $2,280, especially if macro sentiment weakens further.
However, my
technical analysis indicates that Ethereum has managed to break out of the
consolidation range that persisted between May and June, with the upper
boundary near $2,730. This breakout suggests that, from a medium-term
perspective, the cryptocurrency may have room for further gains.
Why is Ethereum price going down today. Source: Tradingview.com
“A
small positive for cryptocurrencies as the CPI data was just below expectations,”
Paul Howard from Wincent provides measured commentary. “We can confidently say
we expect a continued sideways movement in digital asset prices for the short
term, with expectation prices edge higher over the summer and beyond.”
Analysts
expect summer months to bring increased trading activity, further supporting
ETH price predictions. In July 2025, Ethereum is likely to hover between $2,900
and $3,000, nearing the psychological $3,000 mark.
XRP, Dogecoin And Altcoin
Market Dynamics
XRP price
faces critical catalysts in June 2025, with the Ripple lawsuit outcome expected
on June 16 serving as a major market driver. If the legal proceedings end
favorably with manageable penalties or clear regulatory distinction for XRP,
analysts anticipate renewed buying pressure.
Current
forecasts suggest XRP could break above $0.65 and rally toward $0.80 or higher
in favorable scenarios. However, negative court or regulatory news could push
the token down to primary support around $0.45.
Why is XRP price going down today. Source: Tradingview.com
You may also like: XRP’s Weekend Gain and Bullish Flag Pattern Support 50% Jump Prediction
From a technical
standpoint, Dogecoin appears to be the weakest among major cryptocurrencies.
The $0.25 level is acting as strong resistance, while a downward trendline
continues to push the price lower. As a result, a move toward the $0.15 area
now seems more likely.
Why is Dogecoin price going down today. Source: Tradingview.com
Crypto News, FAQ
Why Is Crypto Down Now?
The
cryptocurrency market is experiencing downward pressure in June 2025 due to
several interconnected factors creating a perfect storm of selling sentiment.
Stalled US-China trade negotiations have emerged as the primary catalyst, with
Treasury Secretary Scott Bessent confirming that talks are “a bit
stalled,” triggering risk-off behavior among investors. This geopolitical
uncertainty has historically impacted cryptocurrency prices due to their strong
correlation with risk assets.
Why Is the Crypto Market
Falling?
The crypto
market’s current decline reflects a combination of macroeconomic uncertainty
and reduced investor demand. Bitcoin’s bearishness follows waning demand after
its run to all-time highs above $111,000, with demand metrics reaching levels
historically associated with market tops. Bitcoin’s 30-day demand growth
reached 229,000 BTC on May 28, near the previous demand growth peak of 279,000
BTC that marked the market top in December 2024.
Will Crypto Rise Again?
Yes,
historical patterns and fundamental analysis strongly suggest crypto will
recover and rise again in 2025. The cryptocurrency market has demonstrated
remarkable resilience through previous crashes in 2013, 2018, and 2022, each
time emerging stronger and more mature. Several factors support a bullish
recovery outlook for the remainder of 2025.
Is It Still Worth
Investing in Crypto?
Yes, it
remains worth investing in cryptocurrency, but with important caveats regarding
risk management and portfolio allocation. 73% of U.S. crypto holders plan to
continue investing in cryptocurrency in 2025, signaling strong long-term
confidence in the market. This trend spans across income levels, with both
higher-income and lower-income groups citing established coins as the most
appealing investment option.
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