Bitcoin Falls Below $76,000 as Selling Pressure Intensifies Amid ETF Outflows

Bitcoin remained under pressure in early February, falling below the $76,000 level and hitting its lowest point since April 2025, as weakening demand and thinner market liquidity weighed on prices.

The world’s largest cryptocurrency is now trading about 40% below its October peak, reflecting a broader pullback from risk assets. In January alone, Bitcoin declined nearly 11%, marking its fourth consecutive monthly loss — the longest losing streak since 2018, following the market downturn that came after the 2017 initial coin offering (ICO) boom.

Selling pressure was further reinforced by significant capital outflows from US spot Bitcoin exchange-traded funds (ETFs), which recorded approximately $1.49 billion in net withdrawals during the final week of January, adding to downside momentum.

At the same time, rising global uncertainty has pushed investors toward traditional safe-haven assets such as gold and silver, leaving risk-sensitive markets, including cryptocurrencies, more vulnerable to liquidation.

Other major digital assets also came under pressure. Ether fell to an eight-month low, while Solana dropped to its lowest level in two years, highlighting the broad-based weakness across the crypto market.

Market analysts say near-term performance will likely remain tied to institutional capital flows, global liquidity conditions, and evolving expectations surrounding US monetary policy.