Bitcoin, after reaching almost $100,000, has fallen more than $4,000, falling below $96,000. The market cap has shrunk by $60 billion, falling below $1.9 trillion. Altcoins have also suffered, with XRP down 11% and ADA down 9%. Over the past 24 hours, $500 million in positions have been liquidated, mostly long positions. The largest liquidation on Binance was over $13 million.