Bitcoin surpassed the $100,000 mark for a short time before sharply dropping below this level just 24 hours later. 🚀
- After MicroStrategy purchased more Bitcoin, the price of BTC rose to nearly $103,000 during Tuesday's trading session in Asia. However, the upward momentum did not last long as the price fell to $97,160.
- Altcoins were affected even more severely. Ethereum dropped by 7%, while XRP and SOL also lost value similarly, falling below $2.3 and $210 respectively.
- The volatility caused significant damage to over-leveraged traders, with more than 130,000 liquidated, totaling a value of $390 million. 💥