Bitcoin’s price fell dramatically, going from a peak of 106,294 USD to a low of 99,462 USD. This notable drop indicates a substantial shift in the cryptocurrency market.

The overall market capitalization of Bitcoin is around 1.98 trillion USD, demonstrating high volatility. Over 135 million USD in BTC longs were liquidated, with total liquidations across the crypto market nearing 902 million USD.

Following the price drop, Bitcoin’s trading volume spiked to 78.49 billion USD, reflecting a rapid response from traders amidst recent fluctuations and the influence of external market events.