Bitcoin drops below $78,000 support amid record ETF outflows
Yahoo Finance·2026-02-02 14:22
Bitcoin fell below $80,000 on Monday to trade at $77,984, marking a 10.79% decline since the start of 2026, according Yahoo Finance data. The cryptocurrency faces downward pressure from shifting monetary policy expectations and the longest streak of ETF outflows since their inception, per investment firm QCP capital and data analytics firm SoSoValue. Bitcoin is currently trading 37% below its October 2025 all-time high of $124,752. It recorded a 21.75% decline over the past twelve months. Investment fir ...