Bitcoin has been trading at $109,000 as of Tuesday morning, navigating a volatile market amid widespread liquidations that have triggered a wave of forced selling among over-leveraged traders.
According to data from CoinMarketCap, the cryptocurrency has fluctuated between $109,108.40 and $110,376.88 over the last 24 hours.
Despite briefly reclaiming the $110,000 level, Bitcoin struggled to maintain its position due to profit-taking and subsequently slipped below $109,000.