Why is Crypto Crashing Today? Is Gold Price Dip a Better Buy Than Bitcoin?

This market is anything but predictable. First came the tariff escalations. Now, the threat of full-scale conflict between an Israel–U.S. coalition and Iran is dominating headlines. Investors across the board, from crypto to equities, are trying to make sense of the volatility, asking the big question: Why is crypto crashing today? Over the weekend, most.. The post Why is Crypto Crashing Today? Is Gold Price Dip a Better Buy Than Bitcoin? appeared first on 99Bitcoins.

Jun 24, 2025 - 03:00
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Why is Crypto Crashing Today? Is Gold Price Dip a Better Buy Than Bitcoin?

This market is anything but predictable. First came the tariff escalations. Now, the threat of full-scale conflict between an Israel–U.S. coalition and Iran is dominating headlines. Investors across the board, from crypto to equities, are trying to make sense of the volatility, asking the big question: Why is crypto crashing today?

Over the weekend, most major digital assets pulled back sharply. Global crypto market cap dropped 2.8% to $3.23 trillion, down from $3.37 trillion on Friday. Bitcoin (BTC) briefly dipped below $100,000, touching $98,300 before rebounding. It currently trades near $101,000, 9% off its all-time high of $112,000. Ethereum also slid 8% at one point, though it recovered to $2,251 after bouncing off $2,115.

Bitcoin
Price
Market Cap
BTC
$2.02T
24h7d30d1yAll time

Despite the dip, many analysts argue the pullback is a standard correction amid macro uncertainty. Others warn that the worst may still lie ahead. But zoom out, and the picture is clearer: Bitcoin continues to outperform both gold and the stock market, even in one of the most turbulent geopolitical environments in years.

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