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Bitcoin Falls Below $89,000, 24-hour Change -1.12%

2026-01-23 09:36

BlockBeats News, January 23rd, according to HTX market data, Bitcoin dropped below $89,000, with a 24-hour decrease of 1.12%.

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On-Chain Activity

53min ago

An address redeemed 6300 ETH from Renzo in the last 5 hours and deposited it into Coinbase.

56min ago

Mainstream Perp DEX Overview: Platform Volumes See Significant Decline, Hyperliquid Volume Drops by Around 30%

1h ago

"The 'ZEC Maximalist Short' took profit on the ETH short position, realizing about $3.13 million in gains, and allocated some of the funds to a long position on DASH."

1h ago

A whale opened a 40x leverage BTC short position at the liquidation price, with a position size of $21.22 million

24H Important News

2026-01-23

Several analysts predict that Bitcoin will be in a bear market in 2026, potentially dropping to $58,000.

Polymarket predicts a 32% probability of "Bitcoin dropping to $85,000 in January" and only a 6% probability of rising to $100,000.

An address redeemed 6300 ETH from Renzo in the last 5 hours and deposited it into Coinbase.

The amount of ETH staked in the Ethereum PoS network's validator queue continues to grow, reaching a new high since July 2023.

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