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Bitcoin Plunges to $105K and Recovers, Altcoins Volatile: Market Watch

  • Bitcoin experienced enhanced volatility, dropping to $105,145 but recovering to $107,720.
  • Altcoins faced pressure with many dropping by over 3%, while PENGU surged by 6.3% and ALGO declined by 6.5%.
  • Total liquidations in the cryptocurrency market reached approximately $260 million.
  • The market dynamics continue to show Bitcoin's dominance amidst mixed performance of altcoins.

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