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Bitcoin’s price has dropped quite sharply: it recently slid to around USD 88,000, after failing to hold gains above $90,000.
The decline has triggered major sell-offs: estimates suggest the broader crypto market has lost around $80 billion, and over $500 million worth of leveraged positions got liquidated.
The pullback is part of a broader bearish trend — BTC is now well off its recent peak of about USD 126,000 (from early October 2025).