# derivatives

Bitcoin Slides Below $88,000 in a 5% Intraday Drop, Reawakening Volatility Fears

Bitcoin dipped below $88,000 on Jan. 21, falling about 5% intraday and renewing concerns about acute volatility in crypto markets. The drop reflects a combination of profit-taking, leveraged positions, and fragile liquidity, with implications for exchanges, institutional products and investor sentiment.