Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

What to know:

  • Bitcoin briefly dropped to $24,111 on Binance's BTC/USD1 pair before quickly rebounding above $87,000.

  • The price fluctuation was isolated to a stablecoin pair backed by World Liberty Financial and did not affect other major BTC pairs.

  • Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

$BTC

BTC
BTC
87,387.68
-2.95%