Bitcoin recently crossed the symbolically significant $100,000 mark, peaking at $102,760. However, it quickly reversed direction, falling to $97,124. This drop in Bitcoin's value has caused a ripple effect across the entire crypto market.
The tumultuous events of Tuesday led the overall market capitalization of cryptocurrencies to decrease significantly, with a 4.67% decline. This market turmoil represents a challenging time for crypto investors, who are now uncertain about future trends.
