Bitcoin witnessed a sudden flash crash to around $24,111 on the USD1 trading pair, then rebounded to about $87,000 within seconds. The move appeared isolated to USD1, the World Liberty Financial-stablecoin pair. This type of ‘flash wick’ happens when liquidity thins and order books lose depth.
The BTCUSD pair remained steady after trading resumed. Many spot investors found themselves roughly in the same position as before the event. Such dislocations are often driven by temporary pricing issues, faulty quotes, or bot activity.
Analysts note that real rallies require sustained buying pressure and rising volume; in this episode, trading volume was low and the price quickly returned to its prior level. Bitcoin is consolidating within a descending triangle below the 21-day moving average, with a potential breakout or breakdown to confirm the next directional move. Bitcoin rose 0.89% to $87,693.65 over the past 24 hours, outpacing a broadly flat market. The asset remains well below its October peak above $126,000.
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