Bitcoin slides to fresh 2026 low under $85K as market rout deepens

Bitcoin falls below $85,000 amid a broad market selloff, signaling renewed weakness for the largest cryptocurrency.

2026-01-29

Bitcoin (BTC-USD) tumbled to a fresh 2026 low, slipping below $85,000 on Thursday as a broad market rout swept through U.S. equities and metals. The largest digital token by market cap (BTC-USD) dropped 4.8% in the last 24 hours to $84,800.

The token dropped 4.8% in the last 24 hours, landing near $84,800. This decline mirrors weakness across risk assets and a broader move lower in tech and commodities.

Traders will be watching macro cues and liquidity conditions for signs of a bottom. Analysts caution that persistent risk-off sentiment could keep volatility elevated for crypto assets.