What is the Bitcoin price today and key levels to watch?

Bitcoin price today is near 78,648 USD, with an intraday range between 75,644 and 84,138. Key support sits at 75,644 and 74,421. Resistance is 84,138, then 88,709 and the 50-day average near 89,814. A daily close back above 84,138 would reduce downside pressure.

How does a metals selloff affect Bitcoin vs gold?

When gold and silver drop as the dollar rises, some hedge demand can rotate to BTC. The relationship is not stable, but Bitcoin vs gold often tightens during stress. Watch liquidity, real yields, and flows. If metals remain weak, crypto can see higher volatility and selective risk-on moves.

What does JPMorgan bitcoin commentary imply now?

Recent European coverage highlights JPMorgan’s ongoing analysis of gold and its long-run appeal, which frames how institutions weigh gold against Bitcoin. For traders, it means tracking relative value and liquidity. If metals are soft, BTC can gain attention, but spot volume must confirm any directional move.

How should Canadians execute around BTCUSD live moves?

Use limit orders, account for USD/CAD effects, and check spreads on your platform. Consider laddering entries near support and trimming into resistance. Keep position sizes small relative to your portfolio. Bitcoin price today is volatile, so set stop losses and avoid adding to losing trades.

Global Market Insights

BTCUSD Today, February 02: Metals Rout, JPMorgan Flags Bitcoin Upside

ByHuzaifa Zahoor February 2, 2026February 2, 2026

Bitcoin price today sits under recent averages as gold and silver retreat and the U.S. dollar firms. For Canadian investors, metals weakness often shifts risk toward crypto. We review BTCUSD live momentum, Bitcoin vs gold positioning, and what JPMorgan bitcoin commentary means for the next leg. With clear technical levels and practical portfolio notes, we outline how to react if volatility expands and how to set realistic targets while keeping risk small and defined.