Bitcoin continues its slide this Monday, February 2, settling at $76,937, down 2.3% on the day and 11.1% on the week. Ethereum falls to $2,269, losing nearly 2% in 24 hours. Cryptocurrency markets appear caught in a bearish spiral, with no signs of an immediate rebound. Volumes remain high, indicating persistent selling pressure.
This Monday is marked by an absence of positive catalysts. Macroeconomic news continues to dominate sentiment, with fears of a global economic slowdown. Bitcoin, which had managed to hold above $80,000 for several weeks, has now lost this key level. Ethereum, meanwhile, is testing support zones not seen since late 2025. The correlation with stock markets remains strong, with Asian and European indices also declining.
For investors, this Monday is a test of resilience. Weekly losses exceed 10%, which could trigger automatic sell-offs from hedge funds. Yet some market analysts note that these levels could attract opportunistic buyers, especially if Bitcoin shows signs of stabilization around $75,000. The week ahead will be decisive in determining whether this correction is healthy or a prelude to a deeper fall.
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In-Depth Analysis
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- The Great Decoupling: BTC at $60,922, ETH at $1,581 — The Moment of Truth, Analysis of June 6, 2026
Historical Context
- The Slide Continues: Bitcoin and Ether Bend Under Uncertainty
- Fear & Greed Index at 7/100: Crypto Market in “Extreme Fear” Territory
Similar Opportunities
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