Bitcoin Price Dips Toward $74,000 as Altcoins Slump and ETF Flows Roil Market

Bitcoin slips toward $74,000 as top altcoins fall and ETF outflows spark market debate. Bitcoin Hyper’s presale raises KRW 45.3 billion, signaling continued capital rotation amid weakness.

Rich by Coin

2026-02-03

Bitcoin price has fallen to around $74,000, weighing on overall market sentiment. XRP, Dogecoin, and Shiba Inu also declined to fresh lows, with a near-term technical rebound being eyed by some traders. The outsized outflows from Bitcoin ETFs, together with geopolitical uncertainties, have fueled debates over the market’s direction.

Meanwhile, the presale for a new project dubbed Bitcoin Hyper has attracted KRW 45.3 billion in funding, signaling continued capital flow as altcoins fall. Analysts say the initiative underscores ongoing capital rotation despite weakness in the crypto market.