Bitcoin crash triggers chain reaction of Ripple, Ethereum and Dogecoin🔥🔥🔥

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The cryptocurrency market has pulled back sharply, with Bitcoin plunging 7% to $97,020 after hitting a new high of $108,000. The decline triggered a widespread sell-off, shaking investor confidence. Historical data shows that Bitcoin is often accompanied by optimism before the price plunge.

Ethereum, XRP and Dogecoin were also hit hard, falling 12%, 11% and nearly 20% respectively, erasing most of their gains. Solana fell below the $200 mark, down 12%. The total market liquidation reached $1.17 billion, of which Bitcoin accounted for $241 million, highlighting its huge influence.

As of now, BTC is worth $96,790.06, down 4.40% in the past day and 3.11% in the week. The overall cryptocurrency market fell 9%, showing the chain effect of Bitcoin's pullback. The next few days will be crucial for market trends.

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