Bitcoin Price and Market Analysis₿ Crypto•Bitcoin

Bitcoin Plummets: ETF Outflows & Macro Factors Fuel Sell-Off

February 3, 2026, 12:00 PM157 words9 sourcesAI-Generated · Reviewed by editorial team
Bitcoin
Bitcoin Plummets: ETF Outflows & Macro Factors Fuel Sell-Off

Photo: Pexels / Melvin Silva

Bitcoin experienced a substantial price correction, falling below $75,000 and triggering significant losses for ETF holders – estimated at $7 billion in unrealized losses. A confluence of factors is driving the downturn, including record outflows from spot Bitcoin ETFs, a hawkish Federal Reserve, unwinding of leveraged positions, and broader risk-off sentiment across global markets. Multiple sources report sustained sell pressure across spot, derivatives, and ETF markets, suggesting a structural correction rather than a temporary dip. While some analysts predict a bottom around $60,000-$77,000, citing deleveraging and network activity, others anticipate potential further declines, even to $65,000. Despite the bearish sentiment, some remain optimistic, pointing to institutional inflows and miners diversifying into AI as potential stabilizing forces. The RSI has entered oversold territory, potentially signaling a buying opportunity, but volatility remains high. MicroStrategy’s position is currently slightly underwater, but not facing immediate financial stress. Tokenized metals and short Bitcoin products are seeing inflows as investors seek safer havens.

Source Articles

This article is based on analysis of 7 source articles from our news database.

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    FXStreet··fxstreet.com·
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    The Cryptonomist··en.cryptonomist.ch·
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    The Cryptonomist··en.cryptonomist.ch·
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    brave··news.futunn.com·
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    CryptoSlate··cryptoslate.com·
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    Benzinga··benzinga.com·
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