Bitcoin, the world's largest cryptocurrency, experienced a sharp decline again today, testing below $100,000.
Bitcoin, which fell to $99,840, has lost 1.63% of its value in the last 24 hours. This decline is attributed to both weakness in U.S. equity markets and increasing liquidity pressure across cryptocurrencies.
Bitcoin is trading around 21% below its all-time high of $126,198, set on October 6, 2025. Its market capitalization has fallen below $2 trillion again.
Leveraged position liquidations across the market were also a major contributor to the decline. A total of $463.21 million worth of crypto positions were liquidated in the last 24 hours:
- Long positions: $341.74 million
- Short positions: $121.47 million
24-hour liquidations by assets:
- Bitcoin: $150.83 million
- Ethereum: $147.82 million
- Solana: $21.88 million
- XRP: $13.23 million
- Zcash: $10.77 million
Volume reached $82.28 billion in the last 24 hours, while the market capitalization is measured at $1.996 trillion. BTC's performance over the last seven days is a 1.24 percent decline.
Ethereum price fell to $3,282, down about 4.29 percent in the last 24 hours.
Solana is trading at $148, BNB at $936, and XRP at $2.36.
*This is not investment advice.
