In the past 12 hours, Bitcoin witnessed a significant drop below $100,000. This price decrease led to notable losses for altcoins including Chainlink, Solana, Avalanche, and Dogecoin. Bitcoin, which was trading above $105,000 until Friday, failed to reach new levels and instead dropped to $102,000 on Saturday. Recently, this digital currency reached $99,000, the lowest level since last Tuesday. Currently, Bitcoin has managed to return to $100,000, but altcoins suffered further losses, with some like Solana and Dogecoin experiencing a double-digit decline. These severe fluctuations resulted in over $500 million liquidated in the past 24 hours, with $400 million of that occurring in just the last 12 hours. Nearly 250,000 traders have been affected during this period.
