Bitcoin Falls Below $88,000 Amid 2.2% Daily Decline

The assessment is based on a strong consensus across multiple high-authority primary sources. Three separate financial news outlets—Bloomberg, the Financial Post, and Axios—explicitly and directly report that Bitcoin's price fell below the $87,000 threshold. These direct confirmations from credible journalistic sources provide powerful evidence supporting the statement's truthfulness.This evidence is further corroborated by another report from a crypto-focused publication stating the price had fallen by 'over 30%' from its all-time high. A drop of this magnitude is mathematically consistent with falling below $87,000, especially when considered alongside another source that notes a recent all-time high of over $123,000.There is no direct contradictory evidence among the provided sources. While one source from a crypto exchange does not mention the drop, its summary focuses on the all-time high and its omission does not constitute a contradiction. The remaining sources are financial data aggregators (like Yahoo Finance, CoinGecko, and Investing.com) that provide the raw data to verify such a claim but do not make a statement in their summaries. The overwhelming weight of the direct, consistent reporting from multiple authoritative news sources makes the statement highly likely to be true.