Bitcoin Hits 14-Month Low

2026-02-04 00:03 By Jam Kaimo Samonte 1 min. read

Bitcoin dropped to as low as $72,800 in early February, hitting its lowest levels since November 2024 as forced liquidations of leveraged positions intensified and fund outflows accelerated.

Industry data showed that nearly 170k leveraged traders were washed out during the selloff, with more than $730 million liquidated over the past 24 hours.

Bitwise CIO Matt Hougan said bitcoin has been in a multi-month bear market, arguing that strong institutional adoption and greater regulatory clarity have left investors complacent.

Meanwhile, global crypto funds recorded another $1.7 billion in net outflows last week, led by US-listed products, while assets under management have fallen by $73 billion since peaking in October 2025.

In other developments, investor Michael Burry warned that bitcoin’s roughly 40% plunge could deepen and inflict lasting damage on companies that have accumulated large holdings over the past year.



News Stream
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2026-02-05
Bitcoin Hits 14-Month Low
Bitcoin dropped to as low as $72,800 in early February, hitting its lowest levels since November 2024 as forced liquidations of leveraged positions intensified and fund outflows accelerated. Industry data showed that nearly 170k leveraged traders were washed out during the selloff, with more than $730 million liquidated over the past 24 hours. Bitwise CIO Matt Hougan said bitcoin has been in a multi-month bear market, arguing that strong institutional adoption and greater regulatory clarity have left investors complacent. Meanwhile, global crypto funds recorded another $1.7 billion in net outflows last week, led by US-listed products, while assets under management have fallen by $73 billion since peaking in October 2025. In other developments, investor Michael Burry warned that bitcoin’s roughly 40% plunge could deepen and inflict lasting damage on companies that have accumulated large holdings over the past year.
2026-02-04