As of 1 February 2026, Bitcoin is trading near $78,500, showing a 6.5% drop in the last 24 hours.

The decline is mainly due to market uncertainty after changes in US Federal Reserve leadership and fears of tight monetary policy.

Overall crypto market sentiment has turned bearish, increasing selling pressure.

Analysts expect high short-term volatility as investors react to global economic signals.

However, long-term investors still consider Bitcoin a strong digital asset despite current fluctuations. #BitcoinETFWatch #BTC

BTC
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