Bitcoin drops below $89,000, down over 1% in 24 hours

2026-01-23 09:38:11

【Blockchain Rhythm】Market data as of January 23 shows that Bitcoin has fallen below the $89,000 mark, with a 24-hour decline of 1.12%. This drop continues the recent market correction trend. In the short term, Bitcoin is under pressure around the $89,000 region, and market participants should pay attention to the subsequent support levels.

BTC0,79%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

TxFailed

· 01-26 07:50

yeah 89k breaking feels like watching a known edge case finally trigger... technically speaking we've seen this script before lol

Reply0

ForeverBuyingDips

· 01-26 07:19

89,000 has been broken; now we're just waiting for a rebound.

View OriginalReply0

unrekt.eth

· 01-24 12:12

It dropped again, the 89,000 support can't hold up.

View OriginalReply0

OnchainArchaeologist

· 01-23 10:08

It dropped again. It looks like this wave will continue to be suppressed.

View OriginalReply0

TokenSherpa

· 01-23 09:58

actually, let me break this down for you—if you examine the data, 89k was never gonna hold. historically speaking, we've seen this exact pattern play out during previous governance cycles. fundamentally, the market's just recalibrating quorum requirements across major exchanges, nothing to panic about tbh.

Reply0

FastLeaver

· 01-23 09:52

It dropped again. Can it hold at 88,000 this time?

View OriginalReply0

GasFeeCrier

· 01-23 09:40

89k lost again, have to wait for a rebound

View OriginalReply0