Why is BTCUSD falling today?

BTCUSD is under pressure due to more than $2 billion in forced liquidations, thin weekend liquidity, and a risk-off move after Kevin Warsh’s Fed nomination. Higher yields and a stronger dollar reduced appetite for risk. Those factors combined to push prices below $80,000 and briefly under $78,000.

What price levels matter for BTCUSD now?

Traders are watching resistance in the high $70,000s to $80,000 and key support near $70,000. A sustained move back above $80,000 would improve momentum. A daily close below $70,000 could trigger trend selling and force a retest of lower levels before bulls try to regain control.

How do crypto liquidations impact BTCUSD?

When leveraged longs face margin calls, exchanges auto-sell positions, creating forced supply. That pushes BTCUSD lower, which can trigger more liquidations in a feedback loop. Once leverage resets and funding cools, price action often stabilizes, but the initial deleveraging can be fast and disorderly.

What should Swiss investors consider when trading BTCUSD?

Use limit orders on CHF-denominated ETPs, since spreads can widen during US hours or weekends. Keep position sizes modest, place stop-losses, and avoid high leverage. Monitor yields, dollar strength, and weekly fund flows. Set alerts near $70,000 support and reassess if BTCUSD closes firmly below that level.

Global Market Insights

BTCUSD Today, February 03: Bitcoin Stays Below $80K as Liquidations Mount

ByDanny Kontos February 3, 2026February 3, 2026

BTCUSD stays below $80,000 today, February 3, as crypto liquidations surge and risk appetite cools. The focus is whether BTCUSD can defend support near $70,000 after a sharp weekly drawdown. More than $2 billion in forced unwinds hit leveraged longs, while shifting Fed expectations following Kevin Warsh’s nomination keep yields and the dollar firm. For Swiss investors, thinner weekend liquidity and CHF-denominated ETP dynamics add another layer of risk. We break down key drivers, levels to watch, and practical steps for positioning.