Bitcoin fell below the 100000 magnesium mark this morning, with a total of over 1 billion US dollars

As Trump's inauguration day approaches, the cryptocurrency market fluctuates sharply today. According to trading data, Bitcoin began to decline from 5am Taiwan time, falling below $100000 at one point, while most other altcoins also experienced significant corrections.

According to CoinGlass data, a total of 400340 people worldwide have been liquidated in the past 24 hours, with a total liquidation amount of 1.17 billion US dollars.

The current market's attention and speculative funds are almost all focused on memes such as TRUMP, ELON, MELANIA, etc. Especially the AI Agents and AI Infrastructure that performed well last week DeFAI In recent days, the track has been experiencing a particularly severe pullback, which roughly indicates that the hype surrounding the AI track is basically the same group as the meme coin, hence the emergence of this bloodsucking situation.