Bitcoin once again failed to hold the six-figure mark and sharply fell to $94,000 on Monday evening. 😮 Altcoins suffered even more but managed to recover a bit.
Despite MicroStrategy's new Bitcoin purchase, the cryptocurrency lost about $6,000 in just a few hours. More than 500,000 over-leveraged traders were affected, and liquidations reached $1.6 billion.
The market capitalization of BTC decreased to $1.930 trillion, but its dominance rose to 53%. Altcoins such as BRETT and WIF fell by 12-14%, while ETH and BNB dropped by 3-4%. The total market capitalization of the cryptocurrency market fell by $300 billion. 📉