This article is about blockchain news, business news, and technology news.

Bitcoin (BTC) fell after the Wall Street opening due to leveraged trading. BTC/USD retested the $96,000 level on Bitstamp. Bitcoin, which is down 1.5% on the day, has returned to the $92,000 level from early December, offering challenging trading conditions. Analyst Rekt Capital noted that this decline resembles a bull market correction and said it presents an opportunity for reaccumulation. According to CoinGlass data, a total of $1.4 billion worth of crypto liquidations were made in the last 24 hours. The selling pressure from the US drew attention. PCE inflation data provided some relief to the market. Share your views in the comments.