Bitcoin's price briefly surpassed $100,000 but quickly dropped below that level within 24 hours. Altcoins like LINK, DOGE, AVAX, SUI, SHIB, and others have also experienced significant price drops. Ethereum has seen a 7% drop and struggles below the key support level of $3,500. Over-leveraged traders have been greatly affected by the increased volatility, with over 130,000 liquidations and a total value of liquidations reaching $390 million in the past day. The largest liquidated position, worth $12 million, occurred on Binance.



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