Bitcoin has dropped to $24,000 on Binance.

Sudden Fluctuation in Bitcoin Price

Bitcoin briefly fell to $24,111 in the BTC/USD1 pair on the Binance exchange platform. However, this decline quickly ended, and the price rose again above $87,000.

This price fluctuation was specific to a stablecoin pair supported by World Liberty Financial and did not affect other major Bitcoin pairs.

Such sudden price changes typically occur due to thin liquidity and are exacerbated by less active investors during quiet hours.