Core Viewpoint - The digital currency market experienced significant volatility, leading to a large number of liquidations among investors, with over 123,000 liquidations totaling more than $457 million in the past 24 hours [2][8]. Market Performance - Bitcoin's price fluctuated dramatically, rising over $2,000 from around $104,000, then dropping nearly $4,000, and currently trading around $103,800 [3]. - Ethereum saw a sharp decline, dropping over $200 to a current price of $2,440, reflecting a daily decrease of more than 4% [5]. - Other cryptocurrencies, including Dogecoin, SOL, and SUI, also experienced declines exceeding 4% [7]. Liquidation Statistics - In the last 24 hours, the total liquidation amount reached $457 million, with long positions suffering the most, accounting for over $400 million of the total [8]. - The largest single liquidation occurred in Bitcoin, amounting to $8 million [8]. Market Influences - The recent downturn in the digital currency market is attributed to several factors, including uncertainty regarding global inflation, geopolitical tensions causing liquidity fears, heightened scrutiny from the SEC, and profit-taking by investors who previously held long positions [8]. - Additionally, the prices of gold and silver have also declined in response to the Federal Reserve's decision to maintain interest rates, with gold prices dropping approximately $100 from a peak of $3,450 per ounce [9].