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Yellow Korea
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Bitcoin plunges to $80,000, breaking annual low again
Bitcoin (BTC) fell to $80,000 on January 31, marking the lowest level since April 2025. During the same period, approximately $1.7 billion worth of liquidations occurred across the virtual asset market within about 24 hours.
This decline followed a confirmation of resistance at $90,000 on Thursday and coincided with a sharp sell-off in the precious metals market.
According to CoinGlass data, about 267,000 traders were liquidated, with long positions accounting for approximately 93% of the total liquidation volume. The single largest liquidation occurred on Hyperliquid, where Ethereum (ETH) positions worth over $13 million were liquidated.
This decline followed a confirmation of resistance at $90,000 on Thursday and coincided with a sharp sell-off in the precious metals market.
According to CoinGlass data, about 267,000 traders were liquidated, with long positions accounting for approximately 93% of the total liquidation volume. The single largest liquidation occurred on Hyperliquid, where Ethereum (ETH) positions worth over $13 million were liquidated.
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