Why did the Bitcoin price drop below $78,000 today?

A stronger U.S. dollar and a historic silver selloff drove de-risking across markets. When the dollar rises and metals tumble, funds often cut risk, which pressured Bitcoin price. After that flush, dip buyers helped the market rebound toward $83,000 into the weekend.

What are the key levels to watch for Bitcoin price today?

Traders are watching $78,000 as nearby support and $83,000 to $85,000 as a first resistance area. A firm break above the upper band would suggest improving momentum. A close back below $78,000 would warn of renewed selling pressure and more volatility.

How should Swiss investors think about USD versus CHF in crypto trades?

Most quotes for Bitcoin price are in USD. Your CHF return depends on both BTC’s move and USD/CHF. Decide if you want FX exposure or prefer to hedge. Check platform fees, funding costs, and any hedging tools before entering positions to avoid surprises.

Do ETPs on SIX help reduce crypto trading risks?

SIX-listed crypto ETPs can offer regulated structure, simpler custody, and CHF trading lines, which many investors prefer. They do not remove market risk. Price can still swing with Bitcoin. Review product fees, liquidity, tracking, and your tax position before choosing an ETP over spot.

Global Market Insights

BTCUSD Today, February 01: Dollar Spike, Silver Crash Hit Bitcoin

ByHuzaifa Zahoor February 1, 2026February 1, 2026

Bitcoin price volatility picked up today after a sharp dollar spike and a historic silver selloff hit risk appetite. The pair BTCUSD briefly fell below $78,000 before a weekend recovery toward $83,000. For Swiss investors, the move in USD terms also reflects through USD/CHF, which can amplify or dampen local returns. We break down what drove the swing, key levels for Bitcoin price today, and what to monitor next in Switzerland.