Bitcoin tumbles below $88,000 yet again ahead of markets open for the week

Bitcoin crashed to $87,880, dumping over $60 million in leveraged longs in just 30 minutes, with liquidations led by BTC, ETH, and SOL.

A U.S. government shutdown is now expected, and President Trump has threatened 100% tariffs on Canada.

Altcoins are deep in red, with Ethereum down -2.57%, Solana -3.88%, XRP -3.82%, and even BNB dropping -2.28%, despite inflows.