Bitcoin experienced a significant price surge, reaching $94,150 in a short span. However, this sudden increase was followed by a sharp decline.
This price volatility led to the liquidation of approximately $900 million in positions, underscoring the risks of rapid price movements in the cryptocurrency market.
While Bitcoin faced dramatic price changes, altcoins remained relatively stable, not incurring the same level of losses as seen in Bitcoin.
Source: en.bitcoinhaber.net ↗