The cryptocurrency market experienced significant volatility, with over $215 million in liquidations occurring within the last hour. This surge in liquidations followed a drop in Bitcoin's price to $100,700, with the bottom of the range now at $100,000. Over the past 24 hours, the total liquidations reached $486 million, with $218 million attributed to short positions and $268 million to long positions. The largest single liquidation event was a $4.27 million Bitcoin trade on Binance. Additionally, $458.72 million in liquidations were reported over the past 24 hours, split between $218.33 million in longs and $240.35 million in shorts. The global cryptocurrency market capitalization increased by 1.5% over the past 24 hours, reaching $3.37 trillion, with a total trading volume of approximately $204 billion. Liquidation levels were noted at $104,700 for shorts.