The cryptocurrency market faced a significant downturn over the weekend, with Bitcoin leading the way in experiencing major liquidations.
This resulted in nearly $500 million being wiped out from the market.
The decline follows a recent upward trend in Bitcoin's value, as speculation about it reaching a $100,000 target loomed.
The reversal highlights the volatility and uncertainty within the cryptocurrency sector, particularly concerning Bitcoin's price targets.
Source: en.coinotag.com ↗