Bitcoin drops below $88,000, down over 5% in 24 hours, trading activity remains high

NonFungibleDegen · 2026-01-20T23:00:10+00:00

Bitcoin price today adjusted, falling to $87900.01, a 24-hour decrease of -5.27%. Despite the price correction, trading volume remains high at $37.123 billion, indicating market activity and investor interest remain strong. Future trends will depend on market sentiment.

NonFungibleDegen

2026-01-20 23:00:10

Abstract generation in progress

【Crypto World】Bitcoin undergoes another round of correction today. As of the latest data, BTC price has dropped to around $87,900.01. From this time yesterday, the 24-hour decline has reached -5.27%.

This decline has also affected trading activity. According to data, the trading volume of Bitcoin in the past 24 hours has reached $37.123 billion. Although the price is pulling back, market participation remains high, indicating that investors are still interested at this price level.

Whether the price will continue to dip depends on upcoming market sentiment. However, based on trading volume, the market has not completely fallen into coldness and still maintains a certain level of activity.

BTC-2,19%

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BlockchainBard

· 8h ago

Dropped again, 88k didn't hold Trading volume is still so strong? It indicates that people are all bottom-fishing 5 points isn't a big deal, the key is whether it can stay above Wait, is this move caused by institutions dumping or retail investors fleeing? 371 billion in transactions, feels like someone is sweeping up chips

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FloorSweeper

· 8h ago

Dropped 5 points and no one ran, indicating everyone is waiting for a rebound. Is it time to buy the dip again? I feel like the market has been adjusting every day these past two days. The 37.1 billion trading volume looks quite fierce, but the culprits are still probably those big players. Breaking 88,000 feels meaningless; I had a premonition about it long ago. Still on the sidelines, as the bottom signal hasn't fully appeared yet. This correction is a bit fierce, but the trading activity is speaking; it's not that easy to crash down. The coins in hand should be moved at any time, just watch these few days.

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MerkleMaid

· 8h ago

A drop of more than 5 points isn't a big deal; the 37.1 billion trading volume is still there, indicating that those looking to buy the dip are ready.

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VirtualRichDream

· 8h ago

Dropped again, this time no stopping, lost 5 points 88k can't even hold, is it really that fragile? Trading volume is still there, indicating many are bottom-fishing, I'm watching too Will this wave continue to crash, it depends on how the market performs in the next couple of days Feeling itchy but still observing the trend first, rushing in too quickly can easily get caught

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SeasonedInvestor

· 8h ago

A 5% drop is nothing, the key point is that the trading volume of 37.1 billion is still there, indicating that someone is accumulating at the bottom. --- It dropped again, I just want to know how low it can go this time. It feels like there's no support. --- The high trading activity actually indicates something might be wrong. True panic hasn't arrived yet. --- Breaking 88,000 is okay, but I'm worried about a rapid decline. Look at this trading volume, it's quite suspicious. --- Oh my god, another adjustment. My short position finally made some profit, haha. --- Price drops but trading volume is still so high? Something's wrong. It feels like big players are cutting the leeks. --- This decline is just a shakeout. Don't be scared, buy the dip and keep adding. --- What is this 37.1 billion trading volume? Feels like wash trading, brother. --- As I said, the heat is actually higher when it drops. This group of investors is really... --- Don't panic. Once we get through this round, the next cycle will be up. History always repeats.

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OnchainFortuneTeller

· 8h ago

Down again and jumping around, this market is really tormenting people. Coming with the same trick again? 88K can't hold it, where is the next support level? The trading volume is so high, it means there are still people bottom-fishing. Should I trust or run? At the 88K level, it feels like someone is accumulating. Still struggling in losses, when will the bottom come? 371 billion in volume is huge, why is it still falling? Shorting and making money again, right? Price drops but trading volume increases, is this a bottoming process or a trap to lure in shorts? It has retraced again, I just want to know if it will continue to test the bottom.

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