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Bitcoin Plummets to $87K, $66M Liquidated Amid Leverage Sell-Off

12/27/2025

38 8 Full Breakdown

Summary

Story summary

Bitcoin fell to about $87,100, triggering $66 million in forced liquidations.
The drop occurred without notable negative news, suggesting leveraged trades drove the sell-off.
Analysts see limited upside for Bitcoin, with support at $85,000–$86,000 and resistance at $92,000–$94,000.
The Federal Reserve policy includes three rate cuts in 2025.
Total market capitalization has fallen by more than $1.45 trillion since October.

History

Historical Context

The 2018 cryptocurrency crash saw Bitcoin's price plummet from nearly $20,000 in December 2017 to around $3,200 by December 2018, marking an 80% decline. This crash, worse than the dot-com bubble, resulted in a $700 billion loss in total market capitalization. As Bitcoin faces renewed volatility amid potential Federal Reserve rate cuts in 2025, investor confidence remains uncertain.

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Story summary

Bitcoin fell to about $87,100, triggering $66 million in forced liquidations.
The drop occurred without notable negative news, suggesting leveraged trades drove the sell-off.
Analysts see limited upside for Bitcoin, with support at $85,000–$86,000 and resistance at $92,000–$94,000.
The Federal Reserve policy includes three rate cuts in 2025.
Total market capitalization has fallen by more than $1.45 trillion since October.

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