On Sunday, February 2, 2025, Bitcoin's price fell below the significant $100,000 mark, reaching a low of $98,141. This drop was part of a broader decline, as the leading cryptocurrency saw its value decrease by approximately 3% against the U.S. dollar in 24 hours.
The substantial price movement also led to approximately $554 million in liquidations within the crypto market, reflecting a significant shift in market dynamics and investor sentiment.
Market participants are keenly watching the developments, as the crypto market continues to display volatility, impacting not just Bitcoin but also other major digital assets.