- Bitcoin’s price dropped 9% to $112,759, with a low of $104,582. Profit-taking led to $5.6 billion in long positions liquidated amid rising market volatility.1
- Recent analysis indicates that Bitcoin is approaching a potential price surge, based on historical patterns following previous halving events.2
- Bitcoin has been affected by recent market conditions, contributing to a significant downturn in the cryptocurrency sector, which saw record liquidations totaling $19 billion.3
