Over the last two weeks, US spot bitcoin ETFs saw nearly $3 billion in redemptions, according to Coinglass, as BTC fell from about $84,000 to $74,600 over the weekend into Monday. With combined ETF assets near $113 billion and holdings around 1.28 million BTC, the average cost basis is roughly $87,830, leaving many positions below water.

Wrench attacks against crypto users rose sharply in 2025, with 72 verified cases and $40.9 million in losses. The count climbed about 75% from 2024, while Europe saw around 40% of global cases and France recorded 19. Examples included kidnappings and coercion to obtain private keys or ransom.

Bitcoin’s correction intensified as leverage reset and Open Interest declined sharply. More than $5 billion was liquidated in four days, with price sliding to about $77,700 and weekly liquidations near $1.6 billion; a rebound toward $80,000 could trigger around $1 billion in short liquidations.

FTX users and law firm Fenwick & West have reached a proposed settlement in a class-action lawsuit filed in 2023 alleging the firm substantially assisted the fraud that preceded the exchange’s late-2022 collapse. A joint filing to a Florida federal court on Friday said the parties will submit the settlement for approval on Feb. 27 and asked to pause all deadlines and motions while terms remain undisclosed.

On February 2, 2026, Hyperliquid introduced HIP-4, outlining outcome trading on HyperCore with fully collateralized, fixed-range contracts designed for prediction markets without leverage or liquidations. The feature is live on testnet, with initial USDH-denominated markets using objective settlement sources and potential permissionless expansion after technical work and user feedback.

Bitcoin ended Sunday's weekly session at $76,931, closing below its 100‑week simple moving average near $87,500. Drawing on prior cycles, analysts note such breaks have historically lasted 182 to 532 days, while heavy spot volume between $85,000 and $95,000 and a jump in USDT dominance suggest resistance could delay a move toward $100,000 for six months or more.

Based on hourly BTC/USD data from Kraken, Bitcoin slid below $78,000 to a $74,543 low and is now attempting to rebuild above $77,000–$78,000. The price remains under $80,000 and the 100‑hour simple moving average, with immediate resistance at $79,200 and $80,000. Failure to clear $79,200 could refocus support at $78,000 and $77,000.

After slipping below $75,000 on Monday, Bitcoin changed hands at $78,989 by Tuesday morning, up 1.7% in 24 hours, per CoinMarketCap. Polymarket tallied about $1 million in Bitcoin prediction volume Monday, with odds of a drop below $65,000 in 2026 set at 71%, even as Ethereum and Solana also advanced.