Market Crash
Bitcoin plunges below $88,000 amid crypto market crash
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On January 25, 2026, Bitcoin dropped below $88,000, triggering $135 million in long liquidations and contributing to a broader crypto market decline. The total market capitalization fell below $3 trillion after shedding $220 billion over the past week. Ethereum also tumbled to $2,800 as bearish patterns and macroeconomic risks weighed on investor sentiment.
The cryptocurrency market is showing signs of stabilization as excess leverage diminishes following the severe October crash. Despite positive economic signals, the downturn persisted due to high leverage amplifying institutional outflows. Recent data indicates traders are closing positions, potentially paving the way for recovery.
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Bitcoin's price has crashed below $100,000 for the first time since June, triggering panic selling across crypto markets. The cryptocurrency lost 6.2% this week, erasing about $300 billion in digital-asset value. Analysts warn of further declines as indicators flash caution.
Zcash (ZEC) has rallied to a four-year high despite a $20 billion liquidation in the crypto market triggered by President Trump's tariff announcement. The privacy-focused cryptocurrency briefly touched $282.59 on October 11, posting its strongest daily gain since late 2021. This upward movement reflects growing interest in privacy-centric assets amid rising global financial surveillance.
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President Donald Trump's announcement of 100% tariffs on Chinese imports sparked the largest cryptocurrency liquidation in history, wiping out $19 billion in leveraged positions. Bitcoin plunged to $104,000, while Ethereum and Solana saw drops of over 14% and 20%, respectively. The sell-off rippled through global markets, with major US stock indices recording their steepest declines in months.