Why did Bitcoin drop below $73,000 today?

Selling in high-beta tech spurred risk reduction across markets, triggering liquidations in crypto. Thin liquidity around round numbers amplified the move. Regulatory uncertainty and delayed U.S. data also weighed on sentiment. Together, these factors pushed the bitcoin price usd briefly under $73,000 before attempts to stabilize.

Is this really a 16-month low for Bitcoin?

Yes. Today’s dip marked the lowest level since November 2024, making it a bitcoin 16-month low. The bitcoin price usd also tested weekend levels near $74,600, reinforcing how weak demand has been on bounces. Traders are watching if price can close back above $75,000 to ease pressure.

What should Singapore investors focus on right now?

Use limit orders, manage position size, and plan trades during liquid hours. Check spreads, fees, and SGD-to-USD costs when tracking BTC USD quotes. Watch U.S. equity futures, yields, and major crypto exchange flows. Keep allocations within set bands and avoid adding risk after large hourly swings.

Will Ethereum and Solana keep falling with Bitcoin?

They often move with Bitcoin when correlation is high. If equities stay weak and volatility remains elevated, ETH and SOL could face more pressure. Watch cross-asset signals and exchange inflows. If the bitcoin price usd reclaims key levels on strong breadth, downside momentum for majors may ease.

Global Market Insights

BTCUSD Today, February 04: Briefly Below $73K, 16-Month Low Set

ByDanny Kontos February 4, 2026February 4, 2026

The bitcoin price usd briefly fell under $73,000 today, marking a 16-month low as a broad crypto selloff hit majors. A tech-led risk-off mood, liquidation overhang, and regulatory headlines weighed on BTCUSD. Ethereum and Solana dropped as well. With key U.S. economic data delayed by a partial government shutdown, intraday swings may stay large. Singapore traders using SGD-funded accounts should factor FX costs and spreads when tracking BTC USD quotes across local and global platforms.