$BTC Bitcoin price today 01/27/2025: BTC drops more than 5% and plummets to US$98,000

The bulls were unable to hold back the price of Bitcoin, which fell more than 5%, losing support at US$100,000 and falling to US$98,000, a drop that, according to analysts, could extend to US$95,000.

Bitcoin price today 01/27/2025: BTC drops more than 5% and plummets to US$98 thousand

NEWS

The main cryptocurrency on the market, Bitcoin

BTC

R$ 598,504

, is quoted this Monday morning, 01/27/2025, at R$589,244.72. The bulls were unable to hold back the price of Bitcoin, which fell more than 5%, losing support at US$100,000 and falling to US$98,000, a drop that, according to analysts, could extend to US$95,000.

With the drop, in the last 24 hours, 315,743 traders were liquidated, the total liquidations reaching US$863.67 million. The largest single settlement order was on HTX in the BTC-USDT pair worth $98.46 million.

Cryptocurrencies fall up to 40% in tight week for Bitcoin with Fed and 580% increase in trader liquidation