Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
DailyDetails

CoinEx Daily: Bitcoin Drops over 3% with Market Support Weakening and Leverage Unwinding

  • ASTER0%
  • DUSK0%
  • PUMP0%
  • XMR0%
CoinEx logo
Published on 2026-01-20

Daily View

Bitcoin fell over 3% in a short period, with analysis noting its support between $88,000 and $90,000 has significantly weakened. The drop was described as a typical 'crash to clear leverage' event, with the largest single liquidation reaching $25.83 million. Market concerns about a potential US-EU trade war were cited as a factor in the decline.

CoinEx Daily: Bitcoin Drops over 3% with Market Support Weakening and Leverage Unwinding