Bitcoin sinks to 15-month low as a global selloff drags crypto deeper into the red
LONDON, Feb 4, 2026, 20:29 GMT
Bitcoin slid to a 15-month low near $72,000 on Wednesday as a broad selloff hit risk assets, with the tech-heavy Nasdaq 100 down more than 2%. (Investing.com India)
The drop has stretched a steep week for digital tokens. Total cryptocurrency market value has fallen by $467.6 billion since Jan. 29, CoinGecko data showed. (Bloomberg)
Forced selling is adding to the chop. CoinGlass data showed $2.56 billion of bitcoin positions were liquidated in recent days — liquidations are when exchanges close leveraged trades after losses eat through margin. “People taking a step back” is how Kaiko analyst Adam McCarthy put it, while Charles Schwab’s Jim Ferraioli warned the “biggest risk”…
