Bitcoin Plummets Below $105K, Triggering $1.2B in Market Liquidations

Bitcoin has fallen to $104,000, leading to over $1.2 billion in liquidations within the cryptocurrency market in just 24 hours. This significant downturn highlights the volatility and risks inherent in crypto investments, potentially discouraging cautious investors and threatening market stability. Understanding these fluctuations is essential for anyone involved in the crypto space.