$BTC Spikes to $106K Then Crashes to $102K in Hours


$BTC surged to $106,000 Monday morning before tumbling 3.8% to $102,450 within hours of volatile trading.


The price swing triggered $178.46 million in #liquidations across long and short positions, according to #CoinGlass data.


$ETH fell harder, dropping 4.3% from $2,500 to $2,400, resulting in $264.4 million worth of #liquidated positions.


$BTC trades at $105,600 after recovering from the sharp intraday decline.


The volatile session highlights ongoing uncertainty as both major #cryptocurrencies face resistance at key technical levels.

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May 19, 2025 at 8:35 PM
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