Bitcoin Drops Below 113,000 USDT on OKX Exchange

Bitcoin Drops Below 113,000 USDT on OKX Exchange

OKX market data shows Bitcoin slipping just under 106,000 USDT, with 24-hour gains narrowing to 3.6% amid ongoing market fluctuations.

BTC
USDT

Fact Check
The assessment that the statement is 'likely true' is based on strong, direct evidence from the most authoritative sources provided. The primary source from the OKX exchange's live trading page for BTC/USDT explicitly states a '24h low' of 111,356.2 USDT. Since 111,356.2 is less than 113,000, this single piece of evidence from the exchange itself is sufficient to confirm the statement's truthfulness for a recent period. This primary evidence is strongly corroborated by multiple secondary sources. A news flash from Odaily and a live blog from The Economic Times both independently report that Bitcoin's price fell below 113,000 USDT, with Odaily specifically mentioning its data came from OKX. Other sources from OKX, such as its historical data portal and price index page, confirm that this type of data is officially tracked and accessible, lending further credibility. There is no conflicting evidence among the provided sources. While some sources are less relevant, none contradict the core claim. The combined weight of direct primary data and consistent secondary reporting makes the statement highly credible.
Summary

According to OKX data, Bitcoin briefly fell below 106,000 USDT and was last recorded at 105,998.2 USDT. The cryptocurrency’s 24-hour gains now stand at 3.6%, reflecting continued market volatility and rapid short-term price movements.

Terms & Concepts
  • USDT: A stablecoin pegged to the US dollar, commonly used for trading and transferring value in cryptocurrency markets.
  • OKX: A global cryptocurrency exchange offering spot and derivatives trading services for digital assets.
  • BTC: The ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.