{"id":6266,"date":"2026-01-31T20:16:56","date_gmt":"2026-01-31T20:16:56","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/01\/31\/bitcoin-price-crashes-to-75000-range-as-broader-crypto-market-sells-off\/"},"modified":"2026-01-31T20:16:56","modified_gmt":"2026-01-31T20:16:56","slug":"bitcoin-price-crashes-to-75000-range-as-broader-crypto-market-sells-off","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/01\/31\/bitcoin-price-crashes-to-75000-range-as-broader-crypto-market-sells-off\/","title":{"rendered":"Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-crashes-to-75000\">Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off<\/a><\/p>\n<div><\/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<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.\u00a0<\/p>\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<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<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<p>Volume expanded during the breakdown, signaling forced exits and margin liquidations rather than low-conviction selling.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: Bitcoin falls to $78,988  <\/p>\n<p>HODL!  <a href=\"https:\/\/t.co\/dbr8mRPJJg\">pic.twitter.com\/dbr8mRPJJg<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/2017648104716066898?ref_src=twsrc%5Etfw\" target=\"_blank\">January 31, 2026<\/a>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\">Bitcoin price analysis as the U.S. government enters partial shutdown<\/h2>\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\">surge<\/a> in new bitcoin addresses over the past 24 hours, reaching the highest daily increase in nearly two months.\u00a0<\/p>\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\">posted<\/a> a steeper drawdown, reinforcing bitcoin\u2019s relative strength during the volatility.<\/p>\n<p>Until the bitcoin price <a href=\"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<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.\u00a0<\/p>\n<p>The Senate <a href=\"https:\/\/www.foxnews.com\/politics\/senate-passes-federal-funding-compromise-democrats-score-victory-dhs-revolt\" target=\"_blank\">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.\u00a0<\/p>\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<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<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<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-crashes-to-75000\">Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off 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. Data shows BTC fell from a 24-hour [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":6267,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-6266","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/6266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=6266"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/6266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/6267"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=6266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=6266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=6266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}