Friday, 30 January 2026

Why is Bitcoin Dropping?

In this video: Bitcoin appears to have completed its 2023–2025 market cycle and entered a late-cycle digestion phase similar to mid-2019. Liquidity, participation, and on-chain dynamics suggest that rallies are more likely to be tactical than the start of a new sustained bull market. Video by Benjamin Cowen.

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Bitcoin (BTC) is trading at approximately $82,262.41 as of January 30, 2026, experiencing a significant decline. The cryptocurrency hit a fresh 2026 low today, falling below the critical $85,000 support level. This downward movement has triggered nearly $1 billion in liquidations across the crypto market. Buy Bitcoin >>



Market Summary & News Today

-Massive Liquidations: Forced closures of leveraged long positions reached between $740 million and $800 million in a single day.

-"Digital Gold" Debunked? Investors are reportedly shunning Bitcoin in favor of traditional safe-haven assets, leading to the longest streak of monthly outflows for U.S. Bitcoin ETFs.

-Regulatory Milestone: A major crypto bill cleared a U.S. Senate milestone today, despite significant Democrat opposition, providing a potential long-term regulatory framework amidst the current price volatility.
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