Bitcoin Falls 0.81% to $86,977 USDT in Intraday Trading

Bitcoin Falls 0.81% to $86,977 USDT in Intraday Trading

BTC dipped 0.90% over the past day on HTX, slipping below $87,000 and continuing its volatile swings at elevated price levels.

BTC
USDT

Fact Check
The assessment of the statement as 'likely_true' is based on strong, corroborating evidence from multiple high-authority sources that confirm the central elements of the claim, despite one significant contradiction.Strong supporting evidence comes from two highly relevant and authoritative news flashes. One from TradingView/Coinpedia and another from the KuCoin exchange both explicitly state that Bitcoin's price fell below the $86,977 price point mentioned in the statement. This provides direct confirmation of the asset, the price level, and the direction of movement (a fall).Further support is provided by a market ticker in a financial news article, which shows BTC-USDT trading in a very similar price range (~$86,189) with a negative percentage change (-1.20%). While the numbers aren't identical, they align with the general claim of a price drop in that vicinity. The discrepancy in the percentage change (-0.81% in the claim vs. -1.35% reported elsewhere) is plausible, as different sources may be measuring over slightly different timeframes (e.g., a specific intraday period vs. a full 24-hour period).The primary reason for uncertainty is a direct contradiction from one source. A KuCoin news flash reports that Bitcoin's price *rose* by 0.82% to $87,060.48. The magnitude of the change and the price level are uncannily similar to the claim, but the direction is the opposite. However, given that two other high-authority sources specifically confirm a *fall* to that price level, it is more probable that this single contradictory source either contains a typographical error (i.e., 'rose' instead of 'fell') or is reporting on a different, brief period of volatility within the same trading day.In conclusion, the weight of the evidence strongly supports the statement. The core facts—that Bitcoin fell to approximately $86,977—are confirmed by multiple reliable sources. The single piece of contradictory evidence is considered an outlier and is not sufficient to invalidate the claim.
Summary

Bitcoin dropped 0.90% in the past 24 hours to trade below $87,000 on HTX, extending its recent volatility streak. The leading cryptocurrency’s latest decline follows repeated fluctuations around key price thresholds in recent sessions.

Terms & Concepts
  • HTX: A cryptocurrency exchange providing trading data, formerly known as Huobi.