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