📉 The crypto world is shaking! Bitcoin surpassed $60,000, hitting that level for the first time since November 2021, but quickly fell 7% to $59,400. 😵 Popular cryptocurrencies such as SOL, LINK and AVAX also dropped by 3-5%.

💥 Due to the sharp fluctuation in the market, there was a liquidation of 6 billion dollars. Within 24 hours, 178,095 investors had to close their positions.

🔍 Experts state that retail investors showed low participation in this rise. The Coinbase application crashed due to heavy traffic and some users' balances appeared to be zero. 😱

However, Bitcoin is up 7% on a weekly basis and 44% on a monthly basis. The reasons for this increase include increased demand for Bitcoin ETFs, new Bitcoin halving cycle expectations and macroeconomic factors. 🚀