Bitcoin drops below $80,000 as ChatGPT and Grok spit out 2026 crypto picks
New York, February 2, 2026, 04:59 (EST)
- Bitcoin’s selloff continues to unsettle crypto traders amid ongoing leverage unwinds.
- Retail sites keep turning to chatbots for “best crypto” lists, despite volatile price swings.
- Press releases are promoting early-stage tokens as well as established names.
Bitcoin dropped 6.5% to $78,719 on Saturday afternoon, slipping under the $80,000 mark amid concerns over tighter liquidity following President Donald Trump’s choice of former Federal Reserve Governor Kevin Warsh as the next Fed chair. Brian Jacobsen, chief economist at Annex Wealth Management, cautioned that price declines can “feed on themselves” and suggested further selling might occur in the coming days….
