Bitcoin (BTC) briefly surpassed $100,000 for the first time on Thursday, but the price quickly dropped by about 10%, nearly retesting the support level above $92,000. In the past hour, Bitcoin experienced a flash crash, falling from over $102,000 to $97,640. The exact cause of this rapid sell-off remains unclear, but it contributed to a $649 million liquidation across the entire cryptocurrency market in the past 24 hours.