Bitcoin Plummets Under $76K as Iran Tensions Spark $1.1 Billion Hourly Wipeout

Bitcoin followed the collapse of the precious metals market on Friday, plunging nearly $9K amidst rising geopolitical tensions. On Jan. 31, bitcoin tumbled to an intraday low of $75,555, marking its lowest point since April 2025, following reports of explosions in Iran. The flash crash briefly erased bitcoin’s market capitalization to $1.5 trillion, dragging the […] Original

Bitcoin ETFs Lose $510M as Selling Pressure Intensifies

Bitcoin spot ETFs recorded $509.70 million in net outflows on January 30 and mark the fourth day of redemptions in five trading sessions. Summary Bitcoin ETFs lost $509.7M on Jan 30, marking four redemptions in five sessions. BlackRock’s IBIT led selling as BTC ETF assets fell to $106.9B. Ethereum ETFs also bled $252.9M, extending a volatile outflow streak. BlackRock’s IBIT led withdrawals with $528.30 million in outflows, while Fidelity’s FBTC attracted $7.30 million in inflows as one of just three funds posting positive flows. The weekly total reached $1.49 billion…

Here’s why Bitcoin price is crashing today (Jan. 31)

Bitcoin price continued its strong downward trend as ETF outflows accelerated, geopolitical risks rose, and the government shutdown continued. Summary Bitcoin price continued its strong downward trend on Saturday. The crash happened after Donald Trump nominated Kevin Warsh to be the next Fed Chair. It also dropped due to geopolitical risks, and the government shutdown started. Bitcoin (BTC) dropped below the key support level at $81,000 and hit its lowest level since October last year. It has moved into a bear market by falling by 35% from its highest point…

US Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds

Bitcoin mining took a direct hit from January’s U.S. winter storm, with Cryptoquant data showing sharp declines in hashrate, production, and miner revenue across the network. Bitcoin Mining Production Falls to Post-Halving Lows According to Cryptoquant researchers, several large U.S.-based mining firms curtailed operations as severe weather disrupted power availability, accelerating a networkwide hashrate drawdown […] Original

Binance Doubles Down on Bitcoin: Buying $1B BTC Within 30 Days

Binance is reinforcing crypto’s safety net by shifting its $1 billion SAFU fund into bitcoin, framing BTC as the long-term anchor for user protection, transparency, and balance-sheet resilience amid market stress. Binance Converts $1B SAFU Fund to Bitcoin as BTC Anchors Industry Stability Periods of market stress often test major platforms. Cryptocurrency exchange Binance released […] Original

Bitcoin volatility costs Winklevoss-backed Super-PAC millions

A super-PAC backed by crypto billionaires Cameron and Tyler Winklevoss is learning the hard way that political fundraising in Bitcoin can be a risky bet. A large cryptocurrency donation made during last year’s bull market has since lost millions in value, Bloomberg reported. The plummet underscores how volatility can complicate both campaign finance strategies and promises. After all, President Trump pledged that the U.S. would be a “crypto capital” — today, it’s anything but. Summary Winklevoss-backed super-PAC, Digital Freedom Fund, raised over $22 million in late 2025, including a major…