Bitcoin broke above the $100,000 mark on Monday morning, but the six-figure position didn't last long: the leading cryptocurrency's price has fallen below $97,000 at this writing, alongside other major assets.
Dogecoin and XRP are the biggest daily losers, down about 8% in the last 24 hours and 10 cents apiece, according to data from CoinGecko. Bitcoin is down 3% at its current price of $96,880.
DOGE, the main and most valuable meme coin by market cap, is cooling down after hitting a three-year high of $0.48 over the weekend. It's now at $0.428, up about 1% on the week despite its recent slide.
Meanwhile, Ripple-linked XRP has seen a downward slide over the past six days after hitting a seven-year high of $2.82 on Tuesday. It is currently priced at $2.38.
While down 14% last week, XRP still had an impressive month, rising 333% over the past 30 days. Dogecoin has increased 106% in that time, while Bitcoin has increased 27% in the same time window.
Bitcoin hit the $100,000 mark for the first time, rising to $103,679 last week. The current all-time high is nearly $30,000 higher than the peak broken on Election Day last month, when Donald Trump secured a second term in the White House.
Solana fell like DOGE and XRP, down 6% in the last day, to a current price below $222, according to CoinGecko. Ethereum fell by 5%, falling to $3,786.
Looking outside of the top 10 coins by market cap, other major cryptocurrencies such as Avalanche (AVAX), Shiba Inu (SHIB), Chainlink (LINK) and Polkadot (DOT) were down 9% in the last day.
Amid the decline, liquidity of long and short positions increased by $620 million over the past 24 hours, according to CoinGlass data, with bitcoin leading the charge with $86 million in liquidity.
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