Why did Bitcoin price today fall below $80,000?

Selling accelerated as liquidity thinned around a key round number, with traders cautious on macro uncertainty. Bitcoin price today trades well below the 50‑day and 200‑day averages, which pressures trend followers. Headlines on the next Fed leadership and dollar moves also weighed on sentiment. The mix produced a quick slide to $75,644 before a bounce, leaving market cap near $1.67 trillion.

Which support and resistance levels matter most now?

First, watch the $80k pivot. Below, the $74,420 year low is key, and some analysts warn a deeper break could point toward the $50k area. On the topside, monitor $84k, then $90k near the 50‑day average at $89,813.60. A close back inside Bollinger Bands, whose lower band is $84,208, would signal reduced downside pressure.

How could a Kevin Warsh Fed pick affect Bitcoin price today?

Markets may view Kevin Warsh as favoring tighter policy, which could support the dollar and weigh on risk assets if funding costs rise. Bitcoin price today can react to shifts in dollar strength and real yields. Still, correlations change, and crypto often trades on its own liquidity cycles. Focus on levels and risk controls while tracking policy headlines and the dollar trend.

What should Japan-based investors consider before buying this dip?

Plan entries and exits in advance and size positions modestly. Consider BTC/JPY to simplify currency risk, and track spreads around key times. Use alerts for $80k, $84k, $90k, and $74.4k. If volatility jumps, scale in with smaller clips. Review exchange fees and funding rates, and keep an eye on macro events that can move prices outside typical Japan trading hours.

Global Market Insights

BTCUSD Today, February 02: Sub-$80K Slide Knocks Bitcoin Out of Top-10

ByHuzaifa Zahoor February 2, 2026February 2, 2026

Bitcoin price today fell under $80,000, briefly pushing the market value toward $1.67 trillion and dropping the coin out of the global top-10 assets. For investors in Japan, the move came with thin buying and macro uncertainty. As of the latest read, Bitcoin (BTCUSD) trades near $78,648, down 6.94% on the day, after a $75,644 intraday low and $84,138 high. Liquidity on JPY pairs remained patchy, so spreads widened around key levels during Tokyo hours.