Bitcoin Sees Brief Flash Drop to $24,000 on Binance $USD1 Pair
Bitcoin experienced a sudden and short-lived price shock on Dec. 25, briefly plunging to $24,111 on Binance’s $BTC /$USD1 trading pair before rapidly rebounding above $87,000.
The unexpected move was limited to the USD1 stablecoin pair, which is backed by World Liberty Financial, and did not impact other major Bitcoin trading pairs across the exchange.
According to market observers, such flash movements are typically caused by thin liquidity, where even small trades can trigger exaggerated price swings. These effects are often intensified during low-activity periods, when fewer traders are active and order books are shallow.
Despite the dramatic dip, Bitcoin’s broader market structure remained intact, and prices normalized within moments—highlighting the importance of checking liquidity conditions and trading pairs before reacting to sudden price movements.
