Finance News
By Evie Vavasseur
1 / 15
Bitcoin crashed hard today. The digital currency plunged into the $75,000 range after sellers dumped massive amounts, wiping out more than 10% from recent highs and pushing…
2 / 15
The drop happened fast and brutal. Within just a few hours, Bitcoin fell from its 24-hour peak of $84,356 all the way down to $75,644.
3 / 15
Things got really ugly once Bitcoin couldn't hold $82,500.
4 / 15
After that support level broke, prices just fell through what traders call "thin liquidity zones" - basically areas where there aren't many orders to catch the falling knife.
5 / 15
The daily chart tells the whole story. Bitcoin broke below a key rising trendline and also smashed through the 50-day exponential moving average sitting near $90,000.
6 / 15
But here's something interesting that's getting overlooked. On-chain data shows a spike in new Bitcoin addresses over the past 24 hours.
7 / 15
The crypto market got hit harder than traditional assets, but Bitcoin actually held up better than gold, which suffered an even steeper fall.
8 / 15
And there's more drama happening in Washington. The U.S. government faces a partial shutdown after Congress missed the deadline to pass a full-year spending plan.
9 / 15
Right now Bitcoin trades at $77,825, down 7% over 24 hours. Trading volumes hit $75 billion, which shows just how intense the selling got.
10 / 15
The Federal Reserve's upcoming policy meeting on February 15, 2026, has investors on edge. Any unexpected announcements about interest rates or monetary policy could really shake…
11 / 15
Sarah Thompson, a prominent crypto analyst, thinks the market's reaction shows just how jumpy traders have gotten about macroeconomic stuff.
12 / 15
Institutional players are getting cautious too. Grayscale Investments reported on January 30, 2026, that it's temporarily pausing activity in its Bitcoin Trust fund.
13 / 15
Traders are now eyeing the next big support level around $70,000. That's basically the line in the sand - if Bitcoin can't hold above there, things could get really messy.
14 / 15
The sell-off didn't just hit Bitcoin either. Ethereum, the second-biggest crypto, fell to $4,850, marking a decline of more than 9% in the same 24-hour period.
15 / 15
Binance CEO Changpeng Zhao weighed in on Twitter on January 31, 2026, saying the volatility is unsettling but not unprecedented.
The Currency Analytics
Want the full story?