The price of Bitcoin dropped below $97,000 after a sudden cooldown, leading to a 3.15% drop in the past 24 hours. This drop was accompanied by a surge in trading volume and liquidations across the crypto market, totaling $826 million in the past 24 hours. The broader cryptocurrency market also took a hit, with a 4.84% drop in total market capitalization. Altcoins, such as Popcat, also experienced declines. Technical indicators for Bitcoin show a mixed picture, creating uncertainty and raising questions about market sustainability. Traders and analysts are now looking for potential catalysts to stabilize or further disrupt the market.



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