$BTC has finally hit the $100k mark, reaching an all-time high of $104k. However, it experienced a sharp drop before Asian trading hours, plunging to nearly $90k on Binance futures. Currently, $BTC is trading at $96,970, while $ETH is trading at $3,785. Bitcoin dominance stands at 55.56%.
$BTC plunge three hours ago triggered over $1.07 billion in liquidations, effectively cleansing excess leverage from the market. As of now, $BTC’'s funding rate on Binance has returned to 0.01%.
Noteworthy developments include the transfer of 24,000 BTC by Mt. Gox to a new address, the listing of $HYPE on Hyperliquid Perps with up to 3x leverage, and allegations of a rug pull surrounding Hawk Tuah Girl’s meme coin.
Over the past 24 hours, the top gainers were $BZR, $CTC, and $JASMY, while the top losers were $RSR, $AGENTFUN, and $KAIA.
