Bitcoin tumbled below the $100,000 mark as the cryptocurrency market underwent a sharp correction, triggering $1.6 billion in leveraged position liquidations. Ethereum and major altcoins faced 6–10% declines, signaling increased market volatility after a prolonged rally. Analysts attribute the downturn to profit-taking by institutional investors and elevated funding rates in perpetual futures. Despite short-term weakness, long-term on-chain data suggests continued network resilience. Trading volume surged across exchanges as investors sought safe repositioning amid heightened market risk and uncertain macroeconomic sentiment influencing digital assets globally.