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Bitcoin steadies after weekend bloodbath saw price dip below $75,000

From sherwood.news

Bitcoin had a rough start to February, falling below $75,000 on Sunday to hover just above its low from 2025, as a slew of macro and geopolitical factors fuel traders’ risk-off sentiment. The asset bounced back a bit Monday morning, crossing above $78,000, but bitcoin ended January down 10.17%, its fourth consecutive monthly loss and its worst January since 2022. Bitcoin’s February average stands at 12.2%. Last year, it finished down 17.39%, according to CoinGlass. More than $5 billion has been liquidated from crypto markets over the past four days, the “largest wave of liquidations since October 10,” The Kobeissi ... (full story)

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  • Category: Fundamental Analysis