Bitcoin price falls below $100,000 alongside plummeting altcoins. Market experiences significant decline.
The price of Bitcoin has taken a downward trend since last night, currently plunging over 6% to below $99,000 compared to 24 hours ago. This price drop, accompanied by the fall of altcoins, resulted in the liquidation of over $613 million from trading positions in digital currency derivative markets. The total market value of digital currencies is now $3.37 trillion, showing a significant decrease from the previous day. Major altcoins like Ethereum, Ripple, Dogecoin, and Solana have also experienced declines ranging from 8% to 12%. Additionally, meme coins such as Trump Coin and Pepe have witnessed 18% and 15% price drops respectively.