The crypto market suffered a brutal one-day crash on January 29, erasing over $110 billion in total market value.
More than 267,000 traders were liquidated, with $1.68 billion wiped out in 24 hours.
U.S. spot Bitcoin ETFs recorded $817.8 million in net outflows, led by BlackRock’s IBIT and Fidelity’s FBTC.
The cryptocurrency market experienced a sharp sell-off on January 29, 2026, with more than $110 billion erased from total market capitalization in one day. Bitcoin and altcoins fell hard, triggering widespread panic among traders.#WhoIsNextFedChair #MarketCorrection #btc70k #BuyTheDip