Bitcoin Drops Below $88K: $130M Liquidated in Hour
Bitcoin’s Sharp Decline Triggers Over $130 Million in Liquidations Within an Hour
Generally, I Think The Crypto Market Went Down Crazy On January 25, 2026 When Bitcoin Slipped Under $88,000. Naturally, I Watched The Price Tumble And Over $130 Million Of Leveraged Positions Vanished In Just Sixty Minutes, Shaking Every Trader That Was Watching. Obviously, This Was A Big Deal For Me.
A Sudden Market Collapse
Normally, Bitcoin Took A Nasty Turn And Hit A Five-Day Low Of $87,500. Clearly, The Drop Got Faster As Futures Opened, Catching Many People Off Guard, Including Myself. Earlier That Day BTC Tried To Hold At $89,000 But Selling Pressure Broke It, Which Was Pretty Surprising.
Why Did the Market Crash?
Usually, Analysts From The Kobeissi Letter Point To Two Big External Triggers, Which Makes Sense To Me. First, A Looming US Government Shutdown After The Minneapolis Shooting – It Could Be The Second Shutdown In President Trump’s Term, And That Uncertainty Makes Markets Jittery, I Guess.
Liquidations Surge as Traders Bear the Brunt
Interestingly, In The Past 24 Hours The Market Saw $250 Million In Liquidations, And More Than Half – $131 Million – Happened In The Last Hour Alone, Which Is Crazy. CoinGlass Data Shows Over 130,000 Traders Got Liquidated, With Hyperliquid’s Biggest Single Wipe-Out At $6.3 Million, Which Is A Lot Of Money.
What’s Next for Bitcoin and the Crypto Market?
Basically, The Drop Shows How Volatile Crypto Can Be, Especially When Macro-Uncertainty Looms, Which Is True. Bitcoin Has Bounced Before, But Political Drama And Trade Wars Can Still Spark Big Swings, I Think. Generally, Traders Now Eye Key Support Around $85,000, Which Is A Good Idea.
Normally, If The Market Cant Hold, More Liquidations Could Follow, Deepening The Slump, Which Would Be Bad. Yet A Rebound Could Lure Buyers Looking For Cheap Entry Points, Which Is Also Possible. Personally, I Recommend Caution, Especially With Leverage, Because Conditions Stay Unpredictable, Which Is My Opinion.
