Bitcoin fell 5% after hitting an all-time high of $112,000, now trading at $105,600

After hitting an all-time high of $112,000, bitcoin has seen a correction, falling 5% and now trading at $105,600. Analyst Simon Peters of eToro points out that traditional markets are cautious at the moment, influenced by recent judicial developments affecting investor sentiment. This volatility in the crypto market reflects the general uncertainty in financial markets.