Bitcoin Slips Below $100K as Market Liquidity Evaporates
Bitcoin slipped below the $100,000 mark and was trading around $99,292.36 after a 2.26% 24‑hour decline. Twenty‑four‑hour trading volume spiked 38% to $84.86 billion, indicating heavier short‑term activity even as visible liquidity thinned and bid-side support weakened. The combination of higher turnover and reduced depth has amplified intraday swings.
This matters because thinner liquidity can turn routine order flow into larger price moves; BTC's market cap remains near $1.98 trillion while broader macro conditions — including U.S. monetary policy and upcoming economic releases — are steering capital allocation. Traders and institutions should expect elevated volatility and watch order-book depth, funding rates, and key macro data for signals on whether the $100K level can be reclaimed or if further downside pressure will follow.