Bitcoin seems to stabilize
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Bitcoin has pushed deeper into bear market territory amid its latest sell-off, with the crypto down 37% from its October all-time high.
19hon MSN
Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000
The original cryptocurrency recovered slightly on Monday.
Bitcoin prices dropped to less than $75,000 on Sunday, February 1, reaching their lowest point since April 2025 as multiple variables combined to fuel losses.
Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.
Michael Saylor's Strategy has bought 855 BTC for $75.3M raising holdings to 713,502 as bitcoin volatility drags markets this week.
Bitcoin is deep in a bear market, down about 37% from its October peak. January 30 marked the 10th largest liquidation event in the token's history.
It is one of the largest Bitcoin miners in the world.
By Hannah Lang Feb 2 (Reuters) - Bitcoin investors liquidated $2.56 billion in recent days, according to data provider CoinGlass, as cryptocurrencies slumped following a sell-off in other risk assets,
WULF is rising +12% in the pre-market following the announcement of the strategic acquisition of two locations, contributing 1.5 GW of power capacity.
Bitcoin’s sharp weekend drop triggered fresh liquidations, with analyst Eric Crown warning the market may face months of further downside.
The price of bitcoin fell about 10% over the past week.