Bitcoin [ $BTC ] dropped below $80,000 đover the weekend, marking its lowest level since April 2025 â ïž. The cryptocurrency closed January with a 10.17% loss, extending a four-month losing streak đ.
The selloff triggered approximately $2.56 BILLION in liquidations on January 31 đ„, ranking as the tenth-largest liquidation event in crypto history, with long-position holders taking the majority of losses đč.
From its October all-time high above $126,000, BTC has declined roughly 38% đ, leaving analysts divided on whether the market has found a bottom or will experience further declines through mid-2026 đ€.