Bitcoin price holds above $102,000

Over the past 24 hours, Bitcoin reached $105,915 before falling to $100,500 within a matter of hours, according to CoinMarketCap. At the time of publication, Bitcoin is holding at $102,180.

Bitcoin is down 3.61% over the past seven days. Source: CoinMarketCap

The drop caught traders offside, with approximately $308 million in long positions liquidated over the same period, according to CoinGlass.$BTC