Bitcoin fell below the $76,000 long-term realized cost basis over the weekend, a level built over roughly 27 months of accumulation and seen as structurally important. The move, driven by ETF outflows, tighter liquidity and defensive derivatives positioning, pushed price to stabilize near $78,000 while traders now watch $80,000 as the first upside reclaim target.

Veteran trader Peter Brandt has outlined a medium-term downside objective for Bitcoin near $58,000 after the sharp rejection below $100,000 in January 2026. Using a long-term power law chart with a logarithmic growth channel, he argues that a return toward the channel's midline around $58,000–$60,000 would represent a reversion to fair value. Brandt's view comes after Bitcoin dropped from a high of $97,939 to a low of $75,555 in January, signaling strong selling pressure around the six-figure threshold.

On 1 February 2026, the White House said it will convene senior banking and crypto executives on Monday to discuss a stalled Senate crypto bill. According to sources familiar with the matter, the issue has been elevated to a top policy priority amid concerns over regulatory uncertainty. Direct engagement is seen as a shift toward decisions that could speed policy outcomes.

On Saturday, bitcoin’s price sank to just above $75,000, its lowest level since April of the previous year, erasing about $200 billion from the overall crypto market in a matter of hours. Major altcoins including ETH, XRP, and SOL suffered double-digit intraday losses, with Ethereum dropping from around $2,800 to $2,250 and XRP hitting a 14‑month low at $1.50. Although BTC later bounced to roughly $79,000, it remained down on the day, while many altcoins only managed modest recoveries.

Since November 11, severe winter storms in the United States have driven a roughly 12% drop in Bitcoin's network hashrate, pushing it down to around 970 exahashes per second. Mining revenue fell from about $45 million per day on January 22 to a low near $28 million two days later, as large operators curtailed output and profitability sank to levels last seen in November 2024.

On 1 February 2026, an article profiled five cryptocurrencies for February, spotlighting LivLive and its real‑world engagement pitch. It outlines a Stage 1 presale at $0.02, over $2.2 million raised, a $0.25 launch target, and a 200% BONUS200 token incentive, contrasting these with perceived limitations in Zcash, Bitcoin, Ethereum, and XRP.

Recent XRP Ledger metrics show network payment throughput climbing to an all-time high of nearly 1.9 million account-to-account transactions per day, even as XRP's price extends a multi‑month downtrend. The token has broken below key support within a descending channel and briefly traded near the mid‑$1.60 area, a level some traders liken to the "number of the beast," highlighting the intensity of current selling pressure.

On 31 January, a broad crypto sell-off pushed ASTER down to $0.507 before a minor rebound to about $0.552, roughly 7% lower on the day. AsterDex activated its Strategic Reserve Buyback Fund to route fees and reserves into targeted repurchases, with 248.08 million tokens worth $137 million accumulated and additional season 5 purchases reported.