Bitcoin is back in the spotlight with its volatile price movements. After nearly reaching $100,000, the price of BTC dropped to around $94,600, triggering massive liquidations. 📉 However, Bitcoin continues to attract the attention of crypto enthusiasts, driven by institutional interest such as MicroStrategy's large purchase.
Data shows that over $490 million in liquidations occurred in the last 24 hours, mainly from excessive bullish positions. However, Bitcoin's long-term trend remains positive, with a price increase of over 130% in 2024. 📈 Analysts believe that this correction is part of Bitcoin's journey to new heights. With high trading volumes, Bitcoin continues to dominate the crypto market.