Crypto Market Crash Today [Live] Updates

Bitcoin saw a sharp pullback on Jan 20–21, briefly dipping below $88,000 and triggering over $1 billion in crypto liquidations within 24 hours. Data from Coinglass shows Hyperliquid led with $297M in liquidations, followed by Bybit ($212M) and Binance ($175M). Bitcoin alone accounted for $380M, with Ethereum at $352M and Solana at $39.6M. The sell-off aligned with renewed geopolitical tensions, rattling global risk markets.

The crypto market faced a brutal shakeout as nearly $225 billion was wiped out in just 48 hours. Bitcoin slid below $88,000, triggering around $1.8 billion in liquidations across major exchanges. The sharp sell-off erased most of BTC’s early-2026 gains, reflecting heightened macro uncertainty and leveraged positioning. With volatility spiking, traders remain cautious as markets search for stability after one of the most aggressive resets of the year.

Crypto markets turned red after fresh tariff threats from Donald Trump toward Europe over Greenland reignited trade war fears. Rising geopolitical uncertainty triggered a sharp risk-off sell-off, pushing Bitcoin below £67,000 ($89,800) amid massive liquidations. As investors rushed toward safe-haven assets like gold, risk assets including crypto took a hit. The move highlights how macro and political shocks continue to heavily influence Bitcoin’s short-term price action.

Bitcoin dipped below $89,000 amid a global risk-off sell-off, driven by rising trade tensions and weakness in equity markets. The move triggered heavy liquidations and broke key technical support levels, while ETF flows remained volatile. Despite the pressure, early signs of institutional re-entry are emerging. Around $2.1 billion in corporate buying has helped stabilize prices, suggesting long-term players may be stepping in as short-term fear dominates the market.