Bitcoin Price Today and the Impact of Cryptocurrency Whales

Wednesday, 4 June 2025, 21:14

Bitcoin price today shows a significant downturn as cryptocurrency market capitalisation drops. The pressure from crypto whales selling persists, contributing to this decline in prices.
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Bitcoin Price Today and the Impact of Cryptocurrency Whales

Bitcoin Price Today Overview

Bitcoin price today has started on a challenging note, currently at $104,968.95, reflecting a decline of 0.71% from the previous day. With a total market capitalisation of $2.08 trillion, this marks a reduction of 0.71%, as trading volume sees a slight drop to $44.25 billion.

Market Dynamics and Trends

Despite the price decline, Bitcoin has managed to maintain its position above the psychological mark of $100,000 for a record duration of 27 days. Analyst reports indicate that crypto whales are actively engaging in profit-taking, impacting the overall market sentiment.

Comparative Analysis with Ethereum and Other Cryptocurrencies

Moving beyond Bitcoin, the Ethereum market is also reflecting similar trends. The second-largest cryptocurrency, Ethereum, remains unchanged at $2,614.70, while stablecoin Tether remains stable at $1.

Insights into Whale Activity

  • Crypto whales controlling over 10,000 Bitcoin have been selling since 2017.
  • The whale supply has decreased significantly from 2.77 million in 2017 to 1.6 million in 2025.

As the cryptocurrency market reacts to these selling pressures, it is essential for investors to stay informed about the activities of these influential market players.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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