Why is BTC USD down after the Kevin Warsh Fed nomination?

Markets expect tighter dollar liquidity under Kevin Warsh. A smaller Fed balance sheet can lift real yields and strengthen USD. Crypto is sensitive to both. That is why BTC USD fell as traders repriced risk. The move also flushed leveraged longs. Until liquidity indicators stabilize and the dollar cools, crypto may face pressure on rallies and unstable intraday swings.

What price levels matter most for BTC USD today?

We are tracking $82,000 as first repair, then $84,000. On the downside, $75,600 is the key level. A break targets $74,420. The 50-day average near $89,800 is major resistance, while the 200-day around $104,526 caps the medium trend. Closes above $82,000 help bulls. Below $75,600, risk rises. Use tight stops given the wide average true range.

How do liquidity shifts affect Bitcoin liquidity and price?

When the Fed drains liquidity, dollars get scarcer and funding costs can rise. Risk assets often sell first. Bitcoin liquidity can thin, spreads can widen, and slippage can increase. That pressure can push BTC USD lower, especially if the dollar strengthens. When liquidity stabilizes, depth returns and price discovery improves. Watch USD funding, stablecoin premiums, and derivatives funding rates for clues.

Should Swiss investors buy Bitcoin below $80K or wait?

Price alone is not a plan. If BTC USD reclaims $82,000 on solid volume, risk improves. If it breaks $75,600, waiting may be better. Consider USD/CHF effects, platform fees, and ETP spreads. Size positions small and avoid leverage in high volatility. A staged approach with clear stops can help. Always align timing with your risk limits and holding period.

Global Market Insights

BTCUSD Today: February 02 Liquidity Fears Deepen After Warsh Pick

ByHuzaifa Zahoor February 2, 2026February 2, 2026

BTC USD extended its slide today, with the pair trading near $78,648, down about 6.9% as Bitcoin slips below $80,000. The drop follows liquidity fears after Kevin Warsh was tapped to lead the Fed. A leaner balance sheet can weigh on crypto. For Swiss investors, USD pricing matters while CHF exposure and fees add to risk. We review price action, levels, and what to watch in Switzerland as volatility rises around the BTCUSD pair.