CRYPTO MARKET CRASH – FEBRUARY 1, 2026
Today turned into a major downturn for the cryptocurrency world — broad sell-offs, massive liquidations, deep losses, and investor panic hitting traders hard. Here’s what’s happening 👇
🔻 Bitcoin & Major Coins Plunge
• Bitcoin fell below $80K, marking a significant drop from recent levels, as investors reacted to market uncertainty and broader sell-offs. �
• Ethereum and major altcoins also slid aggressively, with ETH down ~6–10% and other assets bleeding red across the board. �
CryptoSlate +1
Analytics Insight
🔥 Mass Liquidations Hit Traders
• Over $1.6 – $1.7 billion worth of leveraged crypto positions were liquidated as prices tumbled and stop-losses were triggered — one of the largest liquidation waves of 2026 so far. �
• Thousands of traders were forced out of positions, especially those using high leverage.
CCN.com +1
🌍 Macro & Geopolitical Triggers
• A shock to safe-haven assets like gold and silver caused liquidity pressures across markets, spilling into crypto. �
• Geopolitical tensions — especially rising global risks and tariff fears — pushed investors away from high-risk assets like cryptocurrencies. �
BTCC
The Coin Republic
😨 Market Sentiment Crashes
• Crypto’s Fear & Greed Index plunged to extreme fear levels, signaling deep investor anxiety and little confidence in an immediate rebound. �
• Institutional flows showed outflows from Bitcoin ETFs and record hesitancy among larger market participants. �
AInvest
The Wall Street Journal
📊 Broader Impact
• The crypto sell-off is happening amidst weakness in global risk assets — tapering interest in digital assets as traders shift capital to traditional safe havens. �
• This crash has erased significant market cap and shaken both retail and institutional holders.
The Wall Street Journal