Bitcoin crashes to $77,000 as Ethereum drops below $2,400
CryptopolitanJan 31, 2026 5:40 PM
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Over $1.4 billion in leveraged longs just got wiped out, as Bitcoin tanks below $78K and Ethereum slips under $2,400.
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More than $100 billion in crypto market cap vanished in just 5 hours, the sharpest drawdown in weeks.
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Traders are eyeing the $80K to $82K zone for Bitcoin, to see if demand kicks in or if we head lower as weekend selling rolls on.
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Explosion at Iran’s Bandar Abbas port spooked global markets, escalating U.S.–Iran tensions and dragging down risk appetite across the board.
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