BTC fell below $99,000, currently trading at $98,909.1, a 24-hour decline of 5.80%. The main reason may be that the Chinese artificial intelligence company Deepseek has developed a product that can compete with OpenAI at a very low cost, which has led to a bearish sentiment on Nvidia and dragged down the entire market. Coinglass data shows that in the last 24 hours, a total of 254,486 people were liquidated globally, with a total liquidation value of $698 million, of which $651 million were long positions. The largest single liquidation occurred on HTX - BTC-USDT, worth $98.4633 million.
BTC fell below $99,000, and the entire network liquidated $698 million in 24 hours
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