Bitcoin experienced a sharp decline of over 10%, dropping below $92,000 from its all-time high of $104,000. This led to over $1 billion in liquidations within the crypto market, mostly from long positions. However, Bitcoin quickly rebounded and was trading at $96,500 at the time of the report, indicating strong underlying demand despite the market uncertainty. Interestingly, altcoins also saw slight declines but showed resilience, with major tokens like Solana, Ethereum, and Dogecoin bouncing back quickly and stabilizing alongside Bitcoin.



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