{"id":131431,"date":"2026-01-31T19:31:22","date_gmt":"2026-01-31T19:31:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131431"},"modified":"2026-01-31T19:31:22","modified_gmt":"2026-01-31T19:31:22","slug":"bitcoin-price-crashes-to-75000-range-as-broader-crypto-market-sells-off","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131431","title":{"rendered":"Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off<\/a><\/p>\n

<\/div>\n

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

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

The move marked one of the steepest single-day declines of the year<\/a> and triggered widespread liquidations in derivatives markets.<\/p>\n

The sell-off accelerated after bitcoin price 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

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 Bitcoin Magazine Pro <\/em>Data.\u00a0<\/p>\n

Volume expanded during the breakdown, signaling forced exits and margin liquidations rather than low-conviction selling.<\/p>\n

\n

JUST IN: Bitcoin falls to $78,988 <\/p>\n

HODL! pic.twitter.com\/dbr8mRPJJg<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) January 31, 2026<\/a>\n<\/p><\/div>\n

Bitcoin price analysis as the U.S. government enters partial shutdown<\/h2>\n

Despite the sharp decline, on-chain data suggests renewed interest from new buyers. Network data shows a surge<\/a> in new bitcoin addresses over the past 24 hours, reaching the highest daily increase in nearly two months.\u00a0<\/p>\n

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 posted<\/a> a steeper drawdown, reinforcing bitcoin\u2019s relative strength during the volatility.<\/p>\n

Until the bitcoin price 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

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

The Senate 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

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

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

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

This post Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":131432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131431"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131431"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131432"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}