Cryptocurrency had a bad start to 2026 and experienced a huge shock last night! In the middle of the night of January 1, 2026, Beijing time, the cryptocurrency market fell collectively. Bitcoin once dived from 89,000 US dollars to around 87,000 US dollars, and the number of people bursting out of positions was close to 164,000. As of 7:05 on the 2nd, the price of Bitcoin had rebounded to 88,600 US dollars, rising more than 1% in the past 24 hours, driving the rise of coins such as Ethereum, SOL, and XRP, but the transaction volume of Bitcoin and Ethereum was close to falling. In the past 24 hours, more than 106,000 people around the world have had their positions liquidated, amounting to 121 million US dollars. At the beginning of October this year, Bitcoin once soared to an all-time high of about $126,000. Compared with the high point, Bitcoin has fallen by nearly 30%.

Cryptocurrency had a bad start to 2026 and experienced a huge shock last night! In the middle of the night of January 1, 2026, Beijing time, the cryptocurrency market fell collectively. Bitcoin once dived from 89,000 US dollars to around 87,000 US dollars, and the number of people bursting out of positions was close to 164,000. As of 7:05 on the 2nd, the price of Bitcoin had rebounded to 88,600 US dollars, rising more than 1% in the past 24 hours, driving the rise of coins such as Ethereum, SOL, and XRP, but the transaction volume of Bitcoin and Ethereum was close to falling. In the past 24 hours, more than 106,000 people around the world have had their positions liquidated, amounting to 121 million US dollars. At the beginning of October this year, Bitcoin once soared to an all-time high of about $126,000. Compared with the high point, Bitcoin has fallen by nearly 30%.