On Sunday, the price of bitcoin fell below $87,000 and reached a daily low of $86,604.
As a result, the market capitalization of cryptocurrencies decreased by 1.75% to $2.96 trillion. Selling intensified after bitcoin broke the level of $89,305, which had held throughout the morning.
During the day, bitcoin decreased by 3% and by 9.4% over the past week; however, since the beginning of the year $BTC it has gained 0.30%. After falling below $87,000, the downward momentum increased, and several sharp drops indicate that sellers are firmly holding their positions.
The hourly chart of BTC/USD on Bitstamp January 25, 2026.
The trading volume remained low at $25.11 billion, which may lead to sudden fluctuations. This metric plays a key role in the Sunday situation, as the most pronounced spike coincided with moves towards session lows. This pattern indicates strong distribution and potential short-term exhaustion of sellers, often followed by either a moderate bounce or a cooling phase.
Coinglass data shows that in the crypto derivatives market, positions of 149,139 traders were liquidated, resulting in a loss of $343.9 million. About $78.36 million of these liquidations were from long positions in BTC, while $90 million were from long positions in ETH.
Many associate the drop in bitcoin with geopolitical and macroeconomic instability, as well as comments from U.S. President Donald Trump about Canada. He stated that the country is 'systematically destroying itself.'
Moreover, the drop in bitcoin (BTC) on Sunday has become a common occurrence, repeating week after week. The past day is no exception: low liquidity, indecisive traders, and sellers looking to profit.
Unless trading volume increases or a clear catalyst emerges, bitcoin is likely to fluctuate rather than rise.