Bitcoin Experiences Rapid $5K Decline What Traders Need to Know

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Over 120,000 traders have been wrecked in the past day.

Bitcoin’s adventure above $100,000 was short-lived as the asset plummeted below that level roughly 24 hours after breaching it yesterday.

As expected, the altcoins have suffered even more, with massive price drops from the likes of LINK, DOGE, AVAX, SUI, SHIB, and many others.

The asset kept climbing in the following hours and peaked during the Tuesday morning Asian trading session at just under $103,000.

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