Bitcoin, Price Drop
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Bitcoin seems to stabilize
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Bitcoin's price decline has dragged hashprice to an all-time low, setting the stage for the largest negative difficulty adjustment since China's bitcoin mining ban.
The price of bitcoin fell about 10% over the past week.
Burry said crypto losses may have forced institutions to liquidate precious metals as bitcoin slid below $73,000.
Bitcoin has fallen 38% from its all-time high, but it might be headed for a slide below $60,000, according to a Galaxy analyst.
The bitcoin price has now retraced more than 40% from its all‑time highs reached in late 2025. According to Bitcoin Magazine Pro data, the one-year low for the bitcoin price is $74,747. Bitcoin is dancing near that number.
U.S. stock futures fell Sunday, after a weekend slide by bitcoin and Friday’s massive sell-off in precious metals capped a tumultuous first month of 2026.
The mean closing price of BTC over the past 200 weeks is a widely used long-term momentum indicator and a baseline for the traditional-four year bitcoin cycle. It has marked a market bottom in every previous cycle, and is currently at $57,926.
In the worst case scenario, crypto miners could go bankrupt and the metals market could plummet if bitcoin keeps falling, Michael Burry said.
How do you plan to thank Mr. Trump two years from now for this generational Bitcoin price dip when BTC is $400,000 and Ethereum is $25,000 a coin? Crypto Twitter is praying for this in February but analyst Benjamin Cohen says they’re wrong.