Why is Bitcoin price today hovering around $77,000?

Supply and demand are balanced after a weekend drop tied to policy headlines. Traders are respecting the $76,000–$79,000 band while options hedging and higher volatility keep moves choppy. Liquidity tends to improve after the U.S. cash open, which can set the day’s direction if either level breaks and holds with volume.

How does a possible Kevin Warsh Fed pick affect crypto?

Markets quickly reprice rate paths on credible Fed chair headlines. A perceived hawkish tilt can lift real yields and the U.S. dollar, which often weighs on crypto. If investors expect tighter policy, risk appetite can cool, pressuring Bitcoin price today and beta plays like exchanges and miners until the outlook stabilizes.

What does higher volatility mean for COIN, MSTR, IREN, and CIFR?

When BTC’s range widens, crypto equities usually amplify those moves. Spreads can widen, and correlation to spot rises. Ahead of earnings, liquidity can be uneven, so small size and clear stops help. If Bitcoin price today breaks $76,000, pressure can build. A reclaim above $79,000 could trigger short covering across the group.

What should Canadian investors focus on intraday?

Prioritize execution quality and FX. Many venues quote in USD, so USD/CAD can add variance to returns. Use limit orders, avoid chasing breakouts, and anchor plans to the $76,000 and $79,000 marks. If Bitcoin price today holds the range, fade extremes. If it breaks and holds, switch to a momentum approach with tight risk.

Global Market Insights

BTCUSD Today: February 02 Crypto Stocks Slide as Bitcoin Holds $77K

ByHuzaifa Zahoor February 2, 2026February 2, 2026

Bitcoin price today steadies near $77,000 after a weekend selloff tied to reports around the next Fed chair. Bitcoin (BTCUSD) is chopping in the $76K–$79K range as volatility spikes, keeping risk elevated for crypto‑exposed equities. Pre‑market, U.S. crypto stocks look weaker while traders gauge whether the rebound can stick. For Canadian investors, most venues quote in USD, so FX swings matter. We are watching liquidity at the open and whether buyers defend $76,000 support before the North American session gains momentum.