On the evening of December 24, 2025, Beijing time, Bitcoin suddenly plummeted from $87,600 to $24,100 on the Binance BTC/USD1 trading pair, a drop of over 70%, and then quickly rebounded to around $87,000 within seconds.
This intense volatility was limited to USD1, a stablecoin issued by World Liberty Financial supported by the Trump family, and did not appear in other major trading pairs.
Currently, Bitcoin's price hovers around $87,000, trapped in the $85,000 to $90,000 range, with a cumulative decline of over 7% this year. Since falling from its all-time high in October, Bitcoin has dropped
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