What pushed Bitcoin price today below $80,000?

A quick liquidity gap and roughly $1.6 billion in forced liquidations drove the move. Thin order books during off-peak hours made slippage worse. On-chain stress, a Solana fee spike, and large whale BTC transfers to Binance added selling pressure. Combined, these factors turned small sell flows into a fast drop.

Which levels matter most for traders now?

We watch $80,000 as the near-term pivot. A firm break below $76,000 risks a retest of recent lows near $75,000. On the upside, the lower Bollinger Band near $84,200 and the 50-day average around $89,800 are key. Strength above those levels would signal better demand and cleaner order books.

How should Swiss investors think about CHF when trading BTC?

Most crypto pricing is in USD, so CHF returns depend on the USD/CHF rate and your broker’s FX spread. Set CHF-based position sizes and stops. Use limit orders to control slippage. If you trade ETPs, compare product and currency conversion fees, since these costs can offset gains even when Bitcoin price today rises.

Do ETH and SOL confirm the BTC move?

ETH and SOL bounced intraday, but the broader setup still follows BTC. Solana’s fee spike flagged network stress earlier, which lined up with liquidation pressure. If Bitcoin price today stays below $80,000, altcoins may underperform on the next leg down. Sustained BTC stability usually helps altcoins recover with a lag.

Does MicroStrategy’s position increase risk for BTC now?

Weekend reports suggested no immediate stress at MicroStrategy’s levels, but the prior rally tied to those buys has cooled. That means less automatic dip support. Keep an eye on spot flows and whether bids return near $80,000. The market needs fresh demand, not just headlines, to stabilize Bitcoin price today.

Global Market Insights

BTCUSD Today, February 03: Bitcoin Below $80K as Liquidity Thins

ByHuzaifa Zahoor February 3, 2026February 3, 2026

Bitcoin price today sits under $80,000 after a fast weekend slide that briefly touched $75,644 as liquidity thinned and forced liquidations spiked. Pair BTCUSD trades choppy with wide spreads and quick reversals. We see on-chain alerts, exchange flows, and derivatives data pointing to range-bound volatility near term. For Swiss investors who think in CHF, FX conversion and execution quality matter as much as price. Below, we outline levels, signals, and practical steps to reduce risk.