Bitcoin drops below $89000 ✂️

Bitcoin falls another 3.15% to $88,400, extending losses from late yesterday. The declines occur without a clear catalyst, likely resulting from multiple factors.

The Bitcoin crash began on Friday after news of a record-breaking theft from ByBit. At that moment, Bitcoin started falling from around $98,000. The Lazarus Group, linked to North Korea, stole nearly $1.5 billion in Ethereum during ByBit’s routine transaction process, which involved moving funds to another wallet using multisig transactions.

Although ByBit announced over the weekend that it had recovered nearly 100% of the stolen funds, investor confidence in the crypto market has been significantly shaken.

Today's losses extend the weekend’s events and are also influenced by weak sentiment in the stock market. Bitcoin has remained above $90,000 since late November, repeatedly testing its lower boundary. The key level to watch today is a daily candle close above $90,000, which would support continued consolidation and a potential rebound. The next support targets are $89,000, followed by $85,000.

Source: xStation 5

21 October 2025, 8:13 AM

Chart of the day: Bitcoin (21.10.2025)

20 October 2025, 2:04 PM

Crypto news: Bitcoin and Ethereum on the rise again 📈

17 October 2025, 4:50 PM

3 markets to watch next week - (17.10.2025)

17 October 2025, 12:48 PM

Bitcoin drops below important support zone 📉

crypto

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Bitcoin drops below $89000 ✂️

Join over 1 700 000 XTB Group Clients from around the world