Bitcoin has seen its value fall to 96,000 USD, leading to a significant impact on the market. This downturn has also affected Dogecoin, which has experienced a 10% decrease in its price. These events suggest a challenging environment for cryptocurrency investors.

The market has experienced a liquidation of long positions worth approximately 560 million USD. This reflects the current volatility and uncertainty faced by traders. The significant reduction in Bitcoin’s value has contributed to this development, further affecting the confidence in Dogecoin’s performance.