Tuesday, 3 February 2026

Bitcoin: The Beauty of Mathematics (Part 67)

In this video: Let's talk about Bitcoin and the beauty of mathematics. Video by Benjamin Cowen.

Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading made simple! Learn more >>

Bitcoin (BTC) is trading at approximately $78,500 as of February 3, 2026, attempting a modest recovery after plunging to a 10-month low of $74,541 earlier this week. The market is currently experiencing significant volatility, with prices recently dipping below the $75,000 threshold for the first time in 2026. While a relief rally has pushed the price back toward $79,000 during Asian trading hours, analysts warn that the recovery remains fragile due to a resurgent U.S. dollar index and hawkish Federal Reserve expectations. Buy Bitcoin >>



Market Summary & News Today

-Weekend Capitulation: A brutal weekend sell-off triggered billions in derivatives liquidations, pushing Bitcoin to levels not seen since April 2025.

-Dollar Strength: A "buoyant" U.S. dollar, which saw its strongest two-day gain in nine months, is creating significant headwind for crypto assets, potentially capping any immediate recovery.

-Key Support Levels: Analysts identify $75,000 as the critical psychological and technical support; a weekly close below this level could open a "vacuum" toward the $69,000–$70,000 range.

-Institutional Shift: Experts suggest the current volatility reflects a transition from retail-led cycles to institutionally distributed liquidity, with future growth likely driven primarily by Bitcoin ETF buying. Buy Bitcoin >>