{"id":50225,"date":"2026-01-31T14:31:22","date_gmt":"2026-01-31T19:31:22","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=50225"},"modified":"2026-01-31T14:31:47","modified_gmt":"2026-01-31T19:31:47","slug":"bitcoin-price-crashes-to-75000","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-crashes-to-75000","title":{"rendered":"Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>Bitcoin price plunged to nearly $75,000 today during a continuous and sharp, high-volume sell-off that erased more than 10% from recent highs and pushed the asset below $80,000 for the first time since April 2025.<\/p>\n\n\n\n<p>Data shows BTC fell from a 24-hour high of $84,356 to a low of $75,644 in a matter of hours, as sellers overwhelmed bid support across major exchanges.&nbsp;<\/p>\n\n\n\n<p>The move marked one of the <a href=\"https:\/\/bitcoinmagazine.com\/bitcoin-price\">steepest single-day declines of the year<\/a> and triggered widespread liquidations in derivatives markets.<\/p>\n\n\n\n<p>The sell-off accelerated after bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-rainbow-chart-fire-sale\">failed to hold support<\/a> near $82,500. Once that level broke, price moved quickly through thin liquidity zones, with little evidence of sustained dip-buying until the mid-$70,000 range. Traders described the move as a deleveraging event rather than a gradual risk-off rotation.<\/p>\n\n\n\n<p>On the daily chart, the bitcoin price broke below a rising trendline that had held since late December. Price also slipped decisively under the 50-day exponential moving average near $90,000, flipping that level into overhead resistance, according to <em>Bitcoin Magazine Pro <\/em>Data.\u00a0<\/p>\n\n\n\n<p>Volume expanded during the breakdown, signaling forced exits and margin liquidations rather than low-conviction selling.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: Bitcoin falls to $78,988 \ud83d\udc40 <br><br>HODL! \u270a <a href=\"https:\/\/t.co\/dbr8mRPJJg\">pic.twitter.com\/dbr8mRPJJg<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/2017648104716066898?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 31, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin price analysis as the U.S. government enters partial shutdown<\/h2>\n\n\n\n<p>Despite the sharp decline, on-chain data suggests renewed interest from new buyers. Network data shows a <a href=\"https:\/\/finance.yahoo.com\/news\/bitcoin-price-drops-below-80-174544304.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAGn51DptoxFmOXcRgybzWXe7PRbEZQF_MfgtMb1DKs2OF9Q_sUv43UibekSIlUlb3dhBopt264Mb4wlQEdN-G0M3CE6vuOX7C-tGXptruJHbemmPGH0S1e2KFDpIJS2-g0gCJmLBDVLCCigXa_twmm7bwEQp95N31jZl37yNhrcy\" target=\"_blank\" rel=\"noopener\">surge<\/a> in new bitcoin addresses over the past 24 hours, reaching the highest daily increase in nearly two months.&nbsp;<\/p>\n\n\n\n<p>Bitcoin\u2019s drop also outpaced most recent declines in traditional markets, but it still held up better than gold during the same window. While BTC fell roughly 6% to 8% during the sell-off, gold <a href=\"https:\/\/finance.yahoo.com\/video\/gold-prices-plunge-silver-tumbles-lower-in-metals-sell-off-152411153.html\" target=\"_blank\" rel=\"noopener\">posted<\/a> a steeper drawdown, reinforcing bitcoin\u2019s relative strength during the volatility.<\/p>\n\n\n\n<p>Until the bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-drops-below-87000-as-bears-target-84000-support-break\" data-type=\"link\" data-id=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-drops-below-87000-as-bears-target-84000-support-break\">reclaims<\/a> the $82,000 to $84,000 range, traders say downside risk remains elevated. The next key support zone sits in the low-to-mid $70,000s, with longer-term focus shifting toward whether the market can stabilize.<\/p>\n\n\n\n<p>The U.S. government entered a partial shutdown after Congress failed to pass a full-year spending package by the Friday midnight deadline, leaving several major departments temporarily unfunded.&nbsp;<\/p>\n\n\n\n<p>The Senate <a href=\"https:\/\/www.foxnews.com\/politics\/senate-passes-federal-funding-compromise-democrats-score-victory-dhs-revolt\" target=\"_blank\" rel=\"noopener\">approved<\/a> a funding deal to keep most agencies running through September and a two-week stopgap for Homeland Security, but the measure awaits House approval, which cannot occur until lawmakers return from recess Monday.&nbsp;<\/p>\n\n\n\n<p>The impasse is driven by Democratic demands for changes to immigration enforcement practices following the fatal shooting of two U.S. citizens in Minnesota, with divisions persisting within the House GOP.<\/p>\n\n\n\n<p>At the time of writing, the bitcoin price is trading at $77,825, down 7% over the past 24 hours, as daily trading volume reached $75 billion. <\/p>\n\n\n\n<p>The asset is now 8% below its seven-day high of $84,368 and sits just 1% above its seven-day low of $77,534.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1008\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-1024x1008.png\" alt=\"bitcoin price\" class=\"wp-image-50227\" title=\"\" srcset=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-1024x1008.png 1024w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-300x295.png 300w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-768x756.png 768w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-427x420.png 427w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-696x685.png 696w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-1068x1051.png 1068w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72-70x70.png 70w, https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Magazine-Pro-Screenshot-72.png 1372w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The bitcoin price crashed into the $75,000 range, breaking below key technical support levels as heavy selling pressure swept through the market.<\/p>\n","protected":false},"author":3817,"featured_media":50228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[76,132,424,6090],"class_list":{"0":"post-50225","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bitcoin","9":"tag-bitcoin-price","10":"tag-crash","11":"tag-market"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/01\/Bitcoin-Price-Crashes-to-75000-Range-As-Broader-Crypto-Market-Sells-Off.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/50225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=50225"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/50225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/50228"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=50225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=50225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=50225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}