Crypto Market Crash Deepens as BTC Dips to $81,087 and ETH at $2,689

The crypto market wipes out over $240B in value as BTC slides to $81,087 and ETH falls to $2,689 amid ETF outflows and looming option expiries.

Rich by Coin

2026-01-30

Crypto market crash and wipes out over $240 billion, with $2 billion liquidated in top crypto assets. Bitcoin falls to $81,087 lows and ETH price fell 8% to $2,689 today. Multiple factors including Iran-US tensions and Trump likely naming Kevin Warsh as Fed chair crash markets. Bitcoin ETFs saw a net outflow of $817.8 million as traders brace for options expiry.

Massive liquidations across Bitcoin (BTC), Ethereum (ETH), XRP, BNB, Solana (SOL), HYPE, and other altcoins, including GOLD and SILVER perpetuals erase all recent gains. Bitcoin price breaks multiple key support levels and plunges more than 7% to $81,087 lows today. On the other hand, ETH price fell 8% to a 24-hour low of $2,689. The Crypto Fear & Greed Index hit “extreme fear” levels of 16, echoing past deleveraging events.

XRP, BNB, SOL, DOGE, Cardano (ADA), and HYPE fell 6-10% over the past 24 hours. AI coins led the crypto market crash, with Worldcoin (WLD) price tanking more than 13%. Earlier this week, CoinGape alerted about Bitcoin price crash to $81k. Multiple factors, including falling stablecoin liquidity, US Fed hawkish outlook, macro stress, geopolitical tensions, spot ETF outflows, and crypto options expiry, have resulted in a massive crypto market crash.

As CoinGape reported, crypto market selloffs have deepened BTC is consolidating with muted trading volumes and options traders leaning bearish. BTC options with a notional value of $7.5 billion to expire today, with a put-call ratio of 0.50. The max pain price is at $90,000, with many options traders having already liquidated their positions. ETH options worth $1.2 billion to expire on Deribit, with a put-call ratio of 0.70. The max pain price is at $3,000, with traders adjusting their positions as per current market conditions.

Bitcoin has just lost the 2-year moving average for the first time since 2022. We’ve also lost the November 2025 lows, and are 7% away from losing the 2025 yearly low,” said analyst Joe Consorti. Analyst Ali Martinez has predicted $75,804 as the next level to watch as institutional investors continue to sell BTC. Traders brace for further volatility as liquidity shifts and macro cues drive market dynamics.