Bitcoin, the world’s largest cryptocurrency, experienced a sharp decline today, briefly testing below the $100,000 mark. The digital asset fell to $99,840, losing 1.63% of its value in the last 24 hours.
This downturn is attributed to weakness in U.S. equity markets coupled with increasing liquidity pressure across the cryptocurrency sector. Currently, Bitcoin is trading around 21% below its all-time high of $126,198, which was set on October 6, 2025. Its market capitalization has also slipped below the $2 trillion threshold once again.
A significant factor contributing to this decline has been the liquidation of leveraged positions across the market. In the past 24 hours, a total of $463.21 million worth of crypto positions were liquidated, broken down as follows:
– Long positions: $341.74 million
– Short positions: $121.47 million
By asset, the 24-hour liquidations include:
– Bitcoin: $150.83 million
– Ethereum: $147.82 million
– Solana: $21.88 million
– XRP: $13.23 million
– Zcash: $10.77 million
Trading volume reached $82.28 billion in the last 24 hours, with the overall cryptocurrency market capitalization currently estimated at $1.996 trillion. Over the past seven days, Bitcoin has declined by 1.24%.
Ethereum also saw a notable drop, falling to $3,282—down approximately 4.29% in the last 24 hours. Other major cryptocurrencies are trading as follows:
– Solana: $148
– BNB: $936
– XRP: $2.36
*This is not investment advice.*
https://bitcoinethereumnews.com/bitcoin/bitcoin-falls-below-100000-again-heres-why-its-declining-and-the-latest-data/