Bitcoin craters to 100,000 USD as 837 million USD in crypto positions vanish

Bitcoin dropped to 100,426 USD, marking a 4% loss in one day while maintaining above 100,000 USD for 29 consecutive days. This is a remarkable record for the digital asset.

The decline in Bitcoin also caused significant losses in altcoins, with more than 100 million USD in BTC long positions liquidated. Overall, 837.15 million USD in leveraged trades were wiped out.

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