Bitcoin Price Suddenly Drops to $88K as Liquidations Surge to $500M

Dec 5, 2025 - 17:30
Bitcoin Price Suddenly Drops to $88K as Liquidations Surge to $500M
Many larger-cap alts have it even worse than BTC. Bitcoin’s apparent calmness and stabilization above $90,000 didn’t last long, as the asset plunged below that level to a 5-day low of $88,000. Naturally, the altcoins have followed suit, which means that the overall liquidations are on the rise again, hitting $500 million on a daily...

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