On December 5, 2024, #比特币 experienced a significant drop.

Price Changes: Bitcoin broke its historic price before December 5, first surpassing the $100,000 mark and briefly soaring to $104,000. However, the price suddenly plummeted, instantly falling below $90,000, with a single-day drop of over 10%. As of December 6 at 7:21 AM, it was reported at $97,023.5. Liquidation Situation: In the past 24 hours, the total liquidation amount across the network exceeded $1.087 billion (some reports even state over $1.09 billion), with more than 210,000 people facing liquidation. This liquidation amount set a new high since the FTX incident, with nearly half of the liquidation amounts being Bitcoin positions; the largest single liquidation occurred in OKX-BTC-USDT-SWAP, valued at $18.9406 million.

Market Influencing Factors: News Impact: On December 5, the United Nations Committee on Enforced Disappearances released a report stating that around 20,000 unidentified bodies were found at El Dorado International Airport in Colombia's capital. Shortly after this news was released, Bitcoin prices began to decline; although these two events seem unrelated, market sentiment is often influenced by a combination of various factors.

Market Expectation Adjustment: After Bitcoin surpassed $100,000, the market naturally needed to undergo some liquidation and adjustment to release part of the profit-taking positions and prevent excessive increases from bringing bubble risks.

Overall, this significant drop in Bitcoin has attracted widespread attention in the market, and the substantial price fluctuations and high liquidation amounts demonstrate the high risks and uncertainties of the cryptocurrency market. However, Bitcoin's rapid rebound also indicates strong funding support, and the subsequent market trends still need further observation.