( BTC ) lost the $100,000 threshold after registering a 6.4% drawdown in the past 24 hours, priced at $97,000 as of press time.
Bitcoin fell to a low of $96,233 before attempting a recovery.As a result, crypto derivatives registered nearly $1.2 billion in liquidations over the period, based on CoinGlass data .
Sharper corrections among major altcoins followed BTC’s slump, as the total crypto market cap fell 9% in the same period to $3.63 trillion.
