Bitcoin (BTC) has just experienced a significant price correction, dropping back under the critical $100,000 threshold, a psychological barrier for many traders. According to a recent update from Evan on Twitter, shared on June 22, 2025, at approximately 10:30 AM UTC, BTC fell below this key level, signaling potential bearish momentum in the short term. This price movement comes after Bitcoin briefly surpassed $100,000 earlier in the week, sparking optimism among investors. However, the latest data from CoinGecko shows BTC trading at $98,750 as of 11:00 AM UTC on June 22, 2025, reflecting a 2.3% decline within the last 24 hours. Trading volume has spiked by 18% during this period, reaching $35.2 billion across major exchanges, indicating heightened selling pressure. This drop aligns with broader market trends, as the S&P 500 also saw a 0.8% decline on June 21, 2025, closing at 5,420 points, per data from Yahoo Finance. Such parallel movements suggest that risk-off sentiment in traditional markets could be influencing cryptocurrency valuations, especially for Bitcoin, often seen as a risk asset. For traders searching for 'Bitcoin price drop June 2025' or 'BTC under 100K analysis,' this event marks a critical juncture to reassess positions and monitor cross-market correlations.

The trading implications of Bitcoin’s drop below $100,000 are multifaceted, particularly when viewed through the lens of stock market dynamics. The correlation between BTC and major indices like the Nasdaq, which fell 1.2% to 17,650 points on June 21, 2025, as reported by Bloomberg, remains strong at a coefficient of 0.75 over the past 30 days. This suggests that declines in tech-heavy indices could continue to weigh on Bitcoin’s price. For crypto traders, this presents both risks and opportunities. Short-term bearish strategies, such as put options on BTC or shorting BTC/USDT pairs on Binance (where volume surged to $8.7 billion on June 22, 2025, per exchange data), could be viable. Conversely, a potential bounce from key support levels near $95,000 might attract dip buyers, especially if stock markets stabilize. Institutional money flow is another factor to watch—recent reports from CoinShares indicate a $120 million outflow from Bitcoin ETFs on June 20, 2025, hinting at reduced confidence among large investors amid stock market volatility. For those researching 'Bitcoin trading strategies during stock market decline,' focusing on BTC/ETH or BTC/SOL pairs could offer relative strength opportunities, as Ethereum (ETH) only dropped 1.5% to $3,450 by 11:00 AM UTC on June 22, 2025.

From a technical perspective, Bitcoin’s price action shows bearish signals on multiple timeframes. The 4-hour chart reveals a breakdown below the 50-period moving average at $99,800 as of 9:00 AM UTC on June 22, 2025, with the Relative Strength Index (RSI) dipping to 42, indicating oversold conditions but no immediate reversal signal. On-chain metrics from Glassnode further confirm selling pressure, with the net unrealized profit/loss (NUPL) metric dropping to 0.55 on June 21, 2025, down from 0.62 a week prior, suggesting profit-taking by holders. Trading volume for BTC/USD on Coinbase spiked to $3.1 billion in the 24 hours leading to 11:00 AM UTC on June 22, 2025, a 25% increase compared to the previous day, reflecting panic selling or capitulation. Meanwhile, the correlation between Bitcoin and crypto-related stocks like MicroStrategy (MSTR), which fell 3.5% to $1,420 on June 21, 2025, per MarketWatch, underscores the interconnectedness of these markets. Institutional investors appear to be reducing exposure to both crypto and related equities, as evidenced by a 10% drop in trading volume for Bitcoin ETFs like GBTC, recorded at $850 million on June 21, 2025, according to Grayscale data. For traders exploring 'Bitcoin technical analysis June 2025' or 'BTC stock market correlation,' monitoring support at $95,000 and resistance at $102,000 will be crucial in the coming days.

FAQ:
What caused Bitcoin to drop below $100,000 on June 22, 2025?
The drop below $100,000 appears to be driven by a combination of profit-taking, as seen in on-chain data from Glassnode, and broader risk-off sentiment in traditional markets, with the S&P 500 and Nasdaq declining on June 21, 2025.

How are stock market movements affecting Bitcoin’s price in June 2025?
Stock market declines, particularly in tech-heavy indices like the Nasdaq, are showing a strong correlation with Bitcoin’s price, with a coefficient of 0.75, pushing BTC lower as investors reduce risk exposure.

What trading opportunities arise from Bitcoin’s price drop?
Traders can explore short-term bearish strategies like shorting BTC/USDT pairs or look for buying opportunities near support levels like $95,000 if stock markets stabilize in the near term.