Bitcoin has experienced significant volatility, dropping from $100K to $94,300 before recovering to $96,800. Although MicroStrategy has purchased more BTC, the market still witnessed $1.4 billion being liquidated. 🪙

Ripple (XRP) also dropped below $2, but analysts remain optimistic, predicting that the market capitalization could reach $270 billion. 📈

Shiba Inu (SHIB) fell 25% despite Shibarium reaching 2 million wallets and the burn rate increasing by 1,000%, eliminating 51.7 million tokens.

The cryptocurrency market is undergoing a strong correction, affecting many altcoins such as Ethereum, Solana, and Dogecoin.