Bitcoin fell 5.85% in 24 hours, reaching a low of $81,311 on January 30, 2026, amid a broader global “risk-off” sentiment. Over $1.7 billion in leveraged crypto positions were liquidated. Analysts attribute the downturn to weak tech earnings, declining metal prices, and speculation regarding potential Federal Reserve tightening, alongside geopolitical tensions and concerns over a U.S. government shutdown. While major cryptocurrencies saw declines, select altcoins like LayerZero and Canton showed resilience, while others like Worldcoin and Lighter plunged significantly.
This sharp market pullback has amplified volatility, liquidating over $1.7 billion in leveraged crypto positions, demonstrating the amplified risk inherent in the digital asset class when broader market sentiment shifts. Bitcoin’s descent to a two-month low of $81,311 on January 30, 2026, marks a significant correction from its recent highs. The cryptocurrency experienced a 5.85% drop in a 24-hour period, before a partial recovery to around $83,085. This decline coincided with a pronounced global “risk-off” mood, fueled by a confluence of macroeconomic factors.
Analysts point to futures deleveraging, rather than sustained spot selling, as the primary driver of this dip, indicating a reaction to leveraged positions being unwound rapidly. The cryptocurrency market’s recent performance is closely tied to global geopolitical and economic uncertainties. Intensifying speculation about potential shifts in U.S. Federal Reserve policy, particularly concerning a possible tightening stance on cryptocurrencies, has contributed to the bearish sentiment. Furthermore, rising geopolitical tensions, specifically related to US-Iran relations, and renewed concerns over a potential U.S. government shutdown, further pushed investors into safer assets, impacting riskier markets like digital assets.
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