Bitcoin reached an unprecedented milestone of $103,600, marking a historic moment for the cryptocurrency as it broke the $100,000 barrier. This achievement was celebrated by investors and cryptocurrency enthusiasts, heralding its journey into six-figure territory.
However, the excitement associated with this surge was fleeting, as Bitcoin's price quickly reversed direction, experiencing a significant sell-off. Within a matter of hours, the price plummeted to $92,000, taking many in the market by surprise and leaving them to grapple with the volatility that ensued.
