Bitcoin Slips Below 124,000 USDT on OKX Market Data
Bitcoin’s price dips to $107,995.20, marking a 0.52% drop for the day amid ongoing market volatility.
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Fact Check
The statement is supported by credible evidence. Although the live price on OKX is currently just above $124,000 (Sources 1 and 10), other evidence confirms recent, significant price drops. Specifically, Source 9 (Cointelegraph) from August 2025 discusses a price bottom of $114.7K. For the price to reach that low, it must have first slipped below $124,000.
Summary
Bitcoin's price briefly fell below $108,000 to $107,995.20, reflecting a 0.52% decline for the day, according to OKX market data. This decline is part of the continuing volatility in cryptocurrency markets, where Bitcoin remains vulnerable to price fluctuations.
Terms & Concepts
- USDT: A stablecoin pegged to the U.S. dollar, commonly used as a trading pair in cryptocurrency markets.
- OKX: A major cryptocurrency exchange that provides trading, futures, and financial services for digital assets.