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    Home»Bitcoin»Bitcoin Price Plunges To $74,000 And One Year Lows
    Bitcoin

    Bitcoin Price Plunges To $74,000 And One Year Lows

    By February 4, 2026No Comments4 Mins Read
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    Bitcoin’s worth dropped beneath $75,000 right now, its lowest stage in almost a yr, as international crypto markets endured a sustained wave of promoting triggered by broader monetary stresses and shifting investor urge for food. 

    The bitcoin worth has now retraced greater than 40% from its all‑time highs reached in late 2025. In keeping with Bitcoin Journal Professional knowledge, the one-year low for the bitcoin worth is $74,747. Bitcoin is dancing close to that quantity.

    Latest buying and selling knowledge confirmed Bitcoin worth slipping through key technical support levels, driving pressured liquidations throughout derivatives markets and intensifying draw back worth stress. Over roughly the previous 24 hours, round $2.56 billion in Bitcoin positions have been liquidated, in response to market knowledge. 

    This follows weeks of risk‑off sentiment across global asset classes.

    The downturn in cryptocurrencies has coincided with stress in different markets like treasured metals, tech sell-offs, and losses in equities. 

    Institutional gamers report losses as coverage alerts stay doubtful 

    The market slide has had tangible impacts on key business individuals. Galaxy Digital, a serious crypto funding agency led by Michael Novogratz, reported a $482 million loss for the fourth quarter of 2025, earlier right now. 

    The agency attributed this to the decline in digital asset costs and a pointy drop in buying and selling volumes, which fell greater than 40% from the prior quarter. Galaxy’s inventory traded decrease following the earnings launch, reflecting investor concern concerning the broader bitcoin worth and crypto downturn.

    Additionally, Bitcoin worth at present trades beneath $76,000, which is roughly the common worth at which Technique acquired a portion of its BTC holdings and effectively beneath the price of lots of its amassed cash. 

    Since Strategy owns tons of of 1000’s of bitcoins at higher average purchase prices, the present market worth is lower than what was paid for a lot of its stock, leaving a good portion of its holdings “underwater.”

    Market individuals have additionally pointed to U.S. financial coverage developments as a big driver of the promote‑off. 

    The current nomination of Kevin Warsh as chair of the U.S. Federal Reserve by President Donald Trump has prompted forecasts of tighter financial circumstances. 

    A strengthening U.S. greenback in response to financial coverage shifts has also weighed on Bitcoin. A firmer greenback usually makes non‑yielding belongings like Bitcoin much less enticing, lowering inflows from traders in search of foreign money‑impartial hedges. Analysts famous that the greenback’s current efficiency supplied technical headwinds that amplified the crypto market’s decline.

    The Trump administration has continued to engage with business leaders on digital asset coverage, together with efforts to advance regulatory readability by laws such because the Digital Asset Market Readability Act. 

    This dialogue has really slowed down during the last couple of months, it has not but translated into stabilizing worth motion amid present circumstances.

    Bitcoin worth in real ‘crypto winter’

    Regardless of this, Bitwise CIO Matt Hougan mentioned in a current memo that the crypto market has been in a real “crypto winter” since early 2025, moderately than experiencing a short-lived correction. 

    Hougan highlighted that bearish sentiment stays sturdy, as evidenced by the Crypto Worry and Greed Index, which exhibits close to all-time worry ranges regardless of constructive developments just like the appointment of a bitcoin-friendly Fed chair.

    Hougan famous that institutional flows helped masks the severity of the downturn. U.S. spot bitcoin ETFs and digital asset treasury autos bought over 744,000 BTC throughout this era—roughly $75 billion in demand — cushioning bitcoin worth’s drawdown, which he estimated may have reached almost 60% with out this assist. 

    He in contrast the present atmosphere to earlier downturns in 2018 and 2022, the place markets remained depressed regardless of incremental constructive information.

    Wanting forward, Hougan steered that crypto winters typically finish not with exuberance however with exhaustion. In his phrases, “It’s at all times darkest earlier than the daybreak.”

    Bitcoin worth is at present at $74,800, with a 24-hour buying and selling quantity of 55 B. BTC is -5% within the final 24 hours. It’s at present -5% from its 7-day all-time excessive of $78,994.



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