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Bitcoin correction below $100,000 led to losses for 250,000 traders
🔸 In the past 12 hours, Bitcoin has seen a significant decline, falling below $100,000. This price drop has also caused altcoins to suffer significant losses, including Chainlink, Solana, Avalanche, and Dogecoin.
🔸 Bitcoin, which had been trading above $105,000 until Thursday, failed to reach new highs and instead fell to $102,000 on Friday and Saturday. In recent hours, the cryptocurrency has fallen to $99,000, its lowest level since Monday's correction.
🔸 Currently, Bitcoin has managed to return to $100,000, but altcoins have suffered more losses, with some of them, such as Solana and Dogecoin, experiencing double-digit declines. These extreme fluctuations have led to the liquidation of more than $500 million in the past 24 hours, of which $400 million occurred in the last 12 hours alone. Nearly 250,000 traders have suffered losses during this period. 1 reply
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