Bitcoin's price reached a new all-time high just shy of $100,000 before experiencing a significant decline, losing over $6,000 in a matter of hours. Other cryptocurrencies, including Solana, Dogecoin, Cardano, Stellar, and Polkadot, also saw substantial declines. Analysts suggest that such corrections are expected after significant price increases, although some anticipate further short-term losses. The overall market cap for all cryptocurrencies has also decreased by around $200 billion, falling below $3.340 trillion.



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