Bitcoin slips below $86,000 after briefly surpassing threshold on Binance

  • Bitcoin traded at $85,865 on Binance spot market on Sunday.
  • Bitcoin fell from $86,059 over the preceding 15 minutes.
  • Bitcoin remained 0.48% higher than one hour earlier.

Bitcoin fell below $86,000 on Binance's spot market, trading at $85,865 at 5:26 p.m. ET on Sunday after changing hands at $86,059 15 minutes earlier. The cryptocurrency nevertheless remained 0.48% higher than it was one hour earlier. The move follows an earlier advance above $86,000 as Open Interest declined across Binance, Deribit and Gate.io, indicating reduced outstanding derivative positions at those exchanges.

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