The price of Bitcoin has sharply decreased after hitting a new peak near $100,000, dropping more than $4,000 from the high on Friday. 📉

Many altcoins are also under pressure, with XRP down 11% from $1.6 to $1.34, ADA down 9% below $1, and Dogecoin from $0.5 to $0.41. Meme coins like BRETT, BONK, FLOKI, and WIF also dropped between 7.5% to 10%.

This volatility has heavily impacted traders using high leverage, with nearly 200,000 accounts being liquidated, totaling nearly $500 million. 🏦

Despite the market fluctuations, blockchain technology and cryptocurrencies still promise long-term growth potential.