Saylor&#8217;s extreme investment advice highlights the need for responsible communication in the volatile crypto market. The post &#8216;Bad Bitcoin take&#8217; — Crypto community reacts to Michael Saylor&#8217;s kidney-selling advice appeared first on Crypto Briefing.

‘Bad Bitcoin take’ — Crypto community reacts to Michael Saylor’s kidney-selling advice

Bitcoin has clawed its way back above the $100,000 after briefly dipping below 
the key psychological level for the first time in months driven by Middle East 
geopolitical tensions. The rebound follows a steep sell-off brought on by 
rising Middle…

Bitcoin rebounds above 100K as market absorbs Middle East conflict escalation fears

Bitcoin has lost more than 8% over the past week as geopolitical tensions and 
military action between Israel and Iran ramped up.

Bitcoin ‘weakness shall pass’ after dip below $100K: Arthur Hayes

Bloomberg analysts project XRP’s ETF approval odds at 95%, igniting powerful 
institutional momentum poised to reshape crypto markets and thrust digital 
assets into mainstream financial dominance. XRP ETF Nears SEC Approval With 
95% Odds, Say Bloomberg Analysts Mounting anticipation is sweeping across the 
crypto market as multiple digital assets, including XRP, edge closer to 
potential […]

XRP ETF Odds Jump to 95% as SEC Shows Positive Signals, Bloomberg Analysts Say

The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for 
the first time in over a month on Sunday, following US airstrikes on Iran as 
conflicts in the middle east continue to escalate. This decline, which saw the 
Bitcoin price drop approximately 4% to around $99,300, coincided with a 
broader market sell-off, with Ethereum (ETH) experiencing an even sharper 
decline of nearly 10%. Overall, the total cryptocurrency market took a 
significant hit, falling about 7% in just 24 hours. Geopolitical Unrest And 
Tariff Troubles The timing of this downturn was particularly notable, 
occurring just hours after the US targeted three key nuclear sites in Iran. 
Tensions had escalated following a United Nations report that indicated Iran 
was not adhering to international prohibitions against developing a military 
nuclear program. In response to these revelations, Israel conducted strikes 
against Iran, leading to further retaliation from the Islamic Republic. On 
Saturday, President Donald Trump declared on social media: This is an HISTORIC 
MOMENT FOR THE UNITED STATES OF AMERICA, ISRAEL, AND THE WORLD. IRAN MUST NOW 
AGREE TO END THIS WAR. THANK YOU! Related Reading: Solana Cracks Below Key 
Structure – Head And Shoulders Breakdown Points To $106 This recent plummet 
below the psychologically significant $100,000 threshold follows a year of 
substantial gains for Bitcoin. After Trump took office in January, Bitcoin 
reached all-time highs above $100,000 in February, buoyed by executive orders 
aimed at supporting the cryptocurrency sector. However, the cryptocurrency&#8217;s 
price soon mirrored the broader declines in financial markets, particularly 
after Trump announced severe tariffs in April, which saw Bitcoin fall to 
nearly $75,000, its lowest point in 2025. Despite this volatility, Bitcoin had 
seen a resurgence, particularly in May when it reached new highs as Wall 
Street investors returned to the cryptocurrency through US exchange-traded 
funds (ETFs). However, by late Sunday, there were signs of recovery, with 
Bitcoin trading approximately at $101,300, down only 1% over the previous day, 
while ETH managed to pare its losses to around $2,200. Forced Liquidations 
Exacerbate Bitcoin Sell-Off According to CNBC, Iran has also threatened to 
block the Strait of Hormuz, a crucial shipping route responsible for 
approximately 20% of the global oil supply, further adding to the broader 
financial uncertainty. JPMorgan warned that such a blockade could drive oil 
prices up to $130 per barrel, which would have significant implications for US 
inflation, potentially pushing it back toward 5%—a level not seen since March 
2023. While Bitcoin has often been promoted as an inflation hedge, its recent 
behavior aligns more closely with that of high-beta tech stocks. Data from 
crypto provider Kaiko indicates that Bitcoin’s correlation with the tech-heavy 
Nasdaq has increased sharply in recent weeks, particularly following the surge 
in inflows into Bitcoin ETFs. Related Reading: $312M ETH Transfer Triggers 
Sell-Off Fears As Ethereum Price Crashes Below Support Institutional 
investment patterns have also shifted. More than $1.04 billion flowed into 
spot Bitcoin ETFs from Monday to Wednesday last week, but this momentum 
dissipated as the weekend approached, with minimal net movement on Thursday 
and only $6.4 million on Friday. The technical aspects of the market further 
exacerbated the sell-off. Research from CoinGlass revealed that Bitcoin’s drop 
below $99,000 triggered forced liquidations across offshore derivatives 
platforms, including Binance and Bybit. During this period, over $1 billion in 
crypto positions were liquidated within 24 hours, with more than 95% of these 
coming from long positions, highlighting the market&#8217;s overexposure. Featured 
image from DALL-E, chart from TradingView.com

Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off

Ethereum price started a fresh decline below the $2,500 zone. ETH is now 
consolidating losses and might attempt to recover above the $2,250 resistance. 
Ethereum started a fresh decline below the $2,350 level. The price is trading 
below $2,350 and the 100-hourly Simple Moving Average. There is a key bearish 
trend line forming with resistance at $2,280 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh increase if it settles 
above the $2,320 resistance zone in the near term. Ethereum Price Eyes 
Recovery Ethereum price started a fresh decline below the $2,500 support 
level, like Bitcoin. ETH price declined below the $2,350 and $2,250 levels. 
The bears even pushed the price below the $2,200 level. The pair tested the 
$2,120 zone and started a consolidation phase. There was a minor move above 
the $2,200 level. The price climbed above the 23.6% Fib retracement level of 
the downward move from the $2,568 swing high to the $2,114 low. Ethereum price 
is now trading below $2,300 and the 100-hourly Simple Moving Average. On the 
upside, the price could face resistance near the $2,250 level. There is also a 
key bearish trend line forming with resistance at $2,280 on the hourly chart 
of ETH/USD. The next key resistance is near the $2,340 level. It is close to 
the 50% Fib retracement level of the downward move from the $2,568 swing high 
to the $2,114 low. The first major resistance is near the $2,400 level. A 
clear move above the $2,400 resistance might send the price toward the $2,500 
resistance. An upside break above the $2,500 resistance might call for more 
gains in the coming sessions. In the stated case, Ether could rise toward the 
$2,550 resistance zone or even $2,620 in the near term. More Losses In ETH? If 
Ethereum fails to clear the $2,340 resistance, it could start a fresh decline. 
Initial support on the downside is near the $2,200 level. The first major 
support sits near the $2,150 zone. A clear move below the $2,150 support might 
push the price toward the $2,120 support. Any more losses might send the price 
toward the $2,050 support level in the near term. The next key support sits at 
$2,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below 
the 50 zone. Major Support Level – $2,150 Major Resistance Level – $2,340