Bitcoin Retreats to $24,000 Level on Binance

Sudden Fluctuation in Bitcoin Price

Bitcoin briefly fell to $24,111 on the Binance exchange platform for the BTC/USD1 pair. 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 usually occur due to thin liquidity and are exacerbated by less active investors during quiet hours.