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Bitcoin Price Hits $100,000 – Here’s the Latest Situation and Data on the Major Drop

With the recent decline in Bitcoin price, the psychological threshold of $100,000 is about to collapse.

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The Bitcoin (BTC) price is close to falling below the $100,000 level for the first time since June 23, 2025.

The world's largest cryptocurrency is trading at $101,247 at the time of writing, down approximately 5.24% in the last 24 hours. With the decline, Bitcoin's market capitalization has fallen to $2.01 trillion, while its 24-hour trading volume has surpassed $84.77 billion.

Daily chart showing the decline in BTC price.

The overall cryptocurrency market capitalization decreased by 4.52% to $3.39 trillion. The rest of the market is also under heavy selling pressure:

  • Ethereum (ETH): 6.88% down to $3,382
  • XRP: $2.21, down 6.61%
  • BNB: $920, down 7.87%
  • Solana (SOL): $155, down 7.95%
  • Dogecoin (DOGE): It is trading at $0.158, down 6.61%.
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With the market decline, $1.02 billion worth of futures positions were liquidated in the last 24 hours. $838 million of this came from long positions and $184 million from short positions. Even in the last hour, $246 million worth of positions were liquidated.

*This is not investment advice.

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