$1.8B liquidated in 48 hours as Bitcoin wipes out 2026 gains

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Bitcoin plummeted below $88,000, erasing its month-long gains, as crypto markets lost $225 billion in value, driven by a 'sell America' trade and Japanese bond market issues.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitcoin erased its gains for the month and fell below $88,000 as crypto markets shed $225 billion, with analysts linking the crash to a “sell America” trade and Japanese bond market woes.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 21, 2026.
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