Bitcoin Declines to Sub-$88K Level: Two Ignored Triggers Traders Overlooked

Bitcoin's value dropped below $88,000 on January 25, 2026, following a spike in Solana network fees and increased whale activity on Binance. This decline was preceded by two key indicators: a movement of roughly 2,000 BTC to Binance by large holders, which historically signifies distribution or positioning before a sell-off, and a spike in Solana's transaction fees to about $37.5 million. These Solana fee surges have often indicated forthcoming BTC corrections. Bitcoin's drop sparked a decline in several altcoins, with the market reacting to concentrated activity and leverage unwinds. Analysts suggest the market downturn could also be due to rising U.S. political uncertainty and a looming government shutdown.