Bitcoin's price declined by over 3% in the past 24 hours, reaching $88,810, as the cryptocurrency market experienced a $100 billion sell-off. Liquidations amounted to $207 million, with spot Bitcoin ETFs recording seven consecutive days of outflows, including $19 million on Monday. Despite the downturn, Michael Saylor's Strategy firm acquired 1,229 BTC for $108.8 million, increasing its total holdings to 672,497 BTC. Analysts are closely monitoring Bitcoin for price prediction signals amid the ongoing market volatility.