Bitcoin collapsed to around $87,000. As of 4:25 a.m. Korea time on Jan. 26, Bitcoin was trading in the low-$86,000s.
Geopolitical tensions continue to weigh on crypto markets, keeping investors cautious and helping fuel the move below key levels. The volatility underscores the ongoing fragility in crypto pricing as traders reassess risk and liquidity conditions in the overnight session.
Market participants will watch for support near $86,000 and for any shifts in risk sentiment as macro headlines unfold. If selling accelerates, further declines could test the $85,000 level.
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