Bitcoin Slides Below $88,000 on January 25, 2026 After Solana Fees Jump to $37.5M

On January 25, 2026, Bitcoin dropped under $88,000 after briefly reaching lows near $86,000, following a sharp rise in Solana network fees to about $37.5 million the day before. Around 2,000 BTC had been transferred to Binance on January 21, and roughly $170 million in long positions were liquidated within one hour as derivatives-driven selling hit a wider range of major altcoins.