During a live market rundown, a crypto host warned that Bitcoin slipping below $80,000 alongside sizable spot ETF outflows is eroding price support and could deepen a correction, with a downside focus near $68,000 tied to the 200‑week EMA. Over the past 24 hours, according to the host, roughly $1.5–$1.6 billion in positions were liquidated, while U.S. spot ETFs saw month‑to‑date net withdrawals around $1.6 billion.

According to Cointelegraph, Bitcoin slid to $74,680 on Monday after about $1.8 billion in long liquidations since Thursday, yet multiple signals point to support holding near $75,000 into 2026. Derivatives premia sit around 3% with open interest at $40 billion, while spot ETFs logged $3.2 billion of outflows—less than 3% of AUM. Macro indicators and corporate balance-sheet details further suggest limited forced selling.

Bitcoin is trading beneath the blended cost basis of U.S. spot ETF inflows after consecutive weekly redemptions in late January. At the latest reading, price was near $74,000 while the ETF average entry sat above $84,000, and profitable supply fell toward cycle lows around 11–12 million BTC.

Unsealed U.S. Department of Justice records related to Jeffrey Epstein reference a July 2014 email about Blockstream’s oversubscribed $18 million seed round and a separate May 8, 2010 note naming Michael Saylor’s $25,000 charity donation. The DOJ has said a name appearing in the materials does not, by itself, indicate wrongdoing.

After a roughly 16% slide since 28 January, Bitcoin briefly touched about $74,500 before rebounding to near $78,700. Social metrics show sentiment turning net negative for the first time in nearly two months, while the 14-day RSI near 29 flags oversold conditions. Key resistance remains concentrated around $80,000–$85,000.

On February 1 and 2, 2026, Bitcoin fell about 13% for the week, breaking below the $80,000 level and touching a nine-month low near $74,500. Analysts link the move to a liquidity squeeze, flat Realized Cap metrics, and macro pressure following Kevin Warsh's Fed chair nomination, while Strategy's average BTC entry price around $76,037 briefly turned negative. Despite this structural stress, some models still point to long-term upside, with projections implying potential recovery toward $113,000 by mid-2026.

Bitcoin's network hashrate has dropped about 12% since November, representing the steepest extended decline since 2021. A major U.S. winter storm strained power grids and led many large mining firms in affected regions to switch off equipment, temporarily reducing network security but setting up a lower difficulty adjustment that can improve margins for miners who remain online or restart later.

Binance has begun converting its $1 billion SAFU fund into Bitcoin, completing an initial $100,000,000 purchase of BTC from stablecoins. The exchange shared the SAFU Bitcoin address and confirmed the first batch of the conversion, signaling a public reserve-boosting move after Bitcoin fell more than 38% from its October 2025 all-time high of $126,198. The full conversion is expected to continue over the coming weeks as the platform seeks to reinforce user confidence.