Bitcoin has pushed deeper into bear market territory amid its latest sell-off, with the crypto down 37% from its October all-time high.

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.

The price of bitcoin fell about 10% over the past week.

Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.

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.

Michael Saylor's Strategy has bought 855 BTC for $75.3M raising holdings to 713,502 as bitcoin volatility drags markets this week.

Bitcoin rebounded toward $79,000 after dipping below $75,000 over the weekend, as traders weighed heavy liquidation-driven selling against macro tailwinds and a potential inflection point for crypto markets.