hodler

4 Feb 2026, 16:44

Bitcoin price remains stuck below $74K: why analysts see slide towards $60K

Bitcoin price continued falling for the sixth day on Wednesday, visiting levels last seen in November 2024 as risk sentiment remained fragile amidst a confluence of macro headwinds and a lack of demand. Driven by escalating geopolitical tensions and a rotation away from high-beta assets, the premier cryptocurrency plunged to a lows around $73,000 before staging a modest recovery toward the $76,000 mark. The total crypto market cap has fallen over 3% in the past 24 hours and hit a low of $2.5 trillion before recouping some of the losses. This broader retreat followed a staggering $467 billion wipeout in total market value since late January. Meanwhile, the crypto fear and greed index fell three points to 14, marking a fresh multi-month low and firmly anchoring the market in a state of extreme fear. Altcoins traded in the red throughout the day, with single-digit gains limited to stablecoins and a few isolated outliers. Why is Bitcoin price going down? Bitcoin price broke below critical support zones after confirming a 15-month low near $73,000, as a cascade of bearish catalysts continued to weigh heavily on market structure. Investors have grown increasingly defensive following a rapid shift in macroeconomic expectations triggered by US President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve chair. Warsh, known for his hawkish monetary stance and emphasis on a smaller Fed balance sheet, has revived fears of a prolonged period of tight liquidity. This policy pivot crushed hopes for interest rate cuts in the near term, boosting the US dollar and pressuring Bitcoin into deeper correction territory. As safe-haven demand surged, capital flowed into US Treasuries, gold, and silver, while Bitcoin’s “digital gold” narrative fell apart. Gold jumped to fresh highs on renewed Middle East tensions. Adding to the rout, leveraged positioning in the crypto market accelerated the drawdown. More than $5.4 billion in leveraged long positions were liquidated over the past 72 hours, with nearly $214 million flushed from Bitcoin trades alone in the last day. This liquidation spiral amplified the downside pressure, turning what was a controlled pullback into a sharp capitulation. Institutional flows have also dried up. Spot Bitcoin ETFs, once a key driver of bullish sentiment, have recorded over $1.5 billion in outflows over the past week and $6 billion in redemptions since November. As risk-off sentiment intensifies, these vehicles have failed to attract sustained interest from traditional finance players. Market participants are now bracing for US labour market data due later this week. Jobless claims and the non-farm payrolls report will offer fresh clues on whether the Fed’s hand may be forced toward a more dovish stance. Until then, Bitcoin is expected to remain caught in the crossfire of hawkish policy signals, geopolitical friction, and collapsing demand. Will Bitcoin price go up? In terms of technicals, Bitcoin breached its 100-week simple moving average that has historically preceded deeper market corrections. (See below.) BitBull @AkaBull_ · Follow Every time Bitcoin has lost 100W EMA, it has retested the 200W EMA.Right now, 200W EMA is at $68,000 and this will most likely be retested.Once the retest happens, you could start accumulating for the long-term. 5:01 pm · 4 Feb 2026 64 Reply Copy link Read 61 replies The next critical level sits near the 200-week exponential moving average at around $68,000, with some analysts warning of potential downside toward $60,000 or lower if that threshold gives way. According to market analyst Altcoin Sherpa, that remains a possibility based on current circumstances. Altcoin Sherpa @AltcoinSherpa · Follow on 1 hand it makes sense for $BTC to tap the 200W EMA, an indicator that hasn’t been touched since 2023. This would be around 68k. On the other, this is still an interesting level as the 2025 low. Either way, the bottom is closer than we think imo 5:36 pm · 4 Feb 2026 87 Reply Copy link Read 23 replies Bitcoin is also close to confirming a bearish head and shoulder pattern on the 4-hour chart as observed by trader and analyst Sam Price. “It looks like today will end red,” Price wrote while projecting a downside target around $69,300. BTC/USD 4-hour price chart. Source: Sam Price on X. To avoid further downside, Bitcoin must reclaim $76,000 with conviction, as noted by some analysts. According to analyst Jelle, it would position Bitcoin for a recovery rally. Bitcoin price chart. Source: Jelle on X. “Rejection from the grey box area will be the final nail in the coffin for a while,” the analyst added. At the time of publication, Bitcoin price was hovering above $74,500, down roughly 3.5% on the day. Altcoins close the day in red The altcoin market endured a period of intense volatility today, briefly sliding below the critical $1 trillion psychological floor. However, a wave of late-session buying during Asian trading hours helped the sector reclaim some ground, pushing the total altcoin market cap back above $1.1 trillion. Market leaders, including Ethereum (ETH), XRP, Solana (SOL), and BNB, posted losses from 3% to 8%. Ethereum, in particular, touched an 11-month low near $2,100 before stabilising. The top gainers for the day, ATOM, WLFI, XMR, held gains between 1-3%. See below. Source: CoinMarketCap. The post Bitcoin price remains stuck below $74K: why analysts see slide towards $60K appeared first on Invezz

4 Feb 2026, 16:41

Trump Token Launch Expands Digital Footprint as ‘Gym Bro’ Narrative Fuels $MAXI

What to Know: The planned launch of Trump-associated tokens has validated a strength-based market narrative, paving the way for high-energy, personality-driven crypto assets. A broader market rotation into high-beta assets suggests that retail traders are increasingly seeking outsized returns through gamified, risk-on ecosystems. Maxi Doge has successfully raised over $4.5M in its presale, reflecting robust demand for a leverage-king narrative backed by audited smart contracts. The ecosystem utilizes a dynamic 68% staking APY and a dedicated ‘Maxi Fund’ to ensure high liquidity and sustained visibility post-listing. Donald Trump’s aggressive entry into the cryptocurrency sector through initiatives like World Liberty Financial has done more than just politicize the blockchain. It has validated a specific cultural subset of the market: the high-octane, unapologetic pursuit of ‘alpha.’ Most recently, it was announced that shareholders of the Trump Media & Technology Group (TMTG) will soon be able to receive a digital token linked to the Truth Social platform. They will be non-transferable or tradable currently, but online whispers reckon there is a good chance of a full cryptocurrency before the end of the year. By blending immense personal branding with decentralized finance, the Trump token phenomenon signals that personality-driven assets are evolving. They aren’t just niche curiosities anymore; they’re substantial market movers. This shift matters because it legitimizes the strength narrative in crypto. The market is pivoting away from the soft utility of governance tokens toward assets embodying conviction, leverage, and high-energy community dynamics, often called the ‘Gym Bro’ economy. This sector is characterized by a relentless focus on gains, resilience during volatility (the ‘diamond hands’ mentality), and a gamified approach to market domination. Sound familiar? What most coverage misses is that this cultural pivot creates a vacuum for projects that can professionally weaponize this sentiment. While political tokens capture the headlines, capital is trickling down to retail-focused assets that mirror this ethos of financial hypertrophy. Investors are actively looking for the next vehicle that combines the viral stickiness of meme culture with the structural incentives of a trading guild. Emerging from this high-testosterone environment is Maxi Doge ($MAXI) . It’s a project explicitly designed to capture the liquidity of traders who view the bull market not just as an event, but as a test of strength. Maxi Doge Defines the New ‘Gym Bro’ Economy Through High-Leverage Culture The core problem facing retail traders in the current cycle is a lack of unified conviction. While whales coordinate capital efficiently, retail liquidity is often fragmented. Maxi Doge addresses this by positioning itself not merely as a token, but as a ‘Leverage King’ ecosystem. The project operates on a simple, viral premise: never skip leg day, and never skip a pump. This 240-lb canine juggernaut serves as the avatar for the 1000X leverage trading mentality, creating a rallying point for traders seeking outsized returns. It’s more than aesthetic branding. Future project plans integrate ‘Holder-Only Trading Competitions,’ where leaderboard-based contests take place to prove trading prowess. This effectively gamifies the grind of the market. With this in mind, we see it as one of the next 1000X crypto . If it comes to fruition, winners are rewarded from the ecosystem’s treasury, transforming passive holding into active participation. Plus, the ‘Maxi Fund’ treasury ensures liquidity is available for strategic partnerships, including future integrations with trading platforms. By actively encouraging a culture of high-risk, high-reward maneuvering, Maxi Doge differentiates itself from the passive strategies of earlier meme coins. It aims to dominate charts through sheer community force, seeking to outperform legacy assets like the original $DOGE by using the collective ambition of its user base. CHECK OUT MORE ABOUT $MAXI ON ITS OFFICIAL PRESALE PAGE Audited Security and Staking Mechanics Drive 2026 Adoption Beyond the ‘Gym Bro’ branding, the project’s technical foundation is designed to satisfy an increasingly cautious retail audience that now demands proof over promises. While the previous cycle was defined by high-profile exploits, Maxi Doge has prioritized transparency by securing rigorous third-party audits from SolidProof and Coinsult, confirming a clean architecture with no critical vulnerabilities or ‘blacklist’ functions. This security-first approach is paired with an aggressive distribution model where 40% of the 150.24B supply is dedicated to global marketing, ensuring the project maintains the ‘always pumping’ energy of its canine mascot. The retail market has responded with significant momentum, pushing the presale past the $4.5M mark as of February 2026. This capital injection fuels the ‘Maxi Fund’ treasury, which is strategically earmarked for Tier-1 exchange listings and upcoming partnerships with decentralized futures platforms. To mitigate post-launch volatility, the ecosystem utilizes a dynamic staking rewards pool, currently offering a 68% APY, that incentivizes users to lock their tokens in exchange for daily distributions. By combining these financial incentives with planned holder-only trading tournaments and public leaderboards, Maxi Doge seeks to transform passiveness into a competitive sport for the high-conviction trader. BUY $MAXI NOW FOR $0.0002802 This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments, particularly in the meme and presale sectors, carry high risks including volatility and potential loss of principal. Always conduct independent due diligence.

4 Feb 2026, 16:39

Bitcoin Faces Key Weekly Test at $68.4K as ETF Redemptions Hit $2.8B

Bitcoin (BTC) traded at $75,980 as U.S. desks opened on Feb. 4, 2026 , with traders anchoring downside risk to the 200-week EMA near $68,400 after four straight red monthly candles . Nic Puckrin, CEO of Coin Bureau, framed the immediate trigger as $74,400 (the “April lows” referenced in his X post), then $70,000 as the next shelf “just above” the $69,000 prior ATH, before a deeper capitulation pocket at $55,700 to $58,200 that he tied to the average realized price band plus the 200-week MA . Where is the Bitcoin Bottom? Ever since breaking the 50w MA bull trend in November, Bitcoin's momentum has been to the downside. 2 weeks ago, we also broke through the 100w MA. Last week we broke through the ETF cost basis & the true market mean. We're currently trading… pic.twitter.com/T2vo4hTedF — Nic (@nicrypto) February 4, 2026 “Breaking below that means we head to a bear market low target. The area to watch here $55.7k – $58.2k. That’s just between the average realised price of all coins & the 200w MA. That should be the bottom.” Altcoin Sherpa posted the same macro magnet, calling a tag of the 200-week EMA “around 68k” “logical,” and timestamped the view on Feb. 4, 2026 . BitBull added a cycle template: when BTC loses the 100-week EMA , the price historically retests the 200-week EMA , and he put the retest marker at $68,000 with an “accumulating” framework once it prints. Every time Bitcoin has lost 100W EMA, it has retested the 200W EMA. Right now, 200W EMA is at $68,000 and this will most likely be retested. Once the retest happens, you could start accumulating for the long-term. pic.twitter.com/svAtSx7le2 — BitBull (@AkaBull_) February 4, 2026 ETF flow and positioning data suggest this pullback looks more like de-risking than a full-scale institutional exit. Over the past two weeks, the 11 U.S. spot Bitcoin ETFs have seen nearly $2.8 billion in net redemptions ( $1.49B last week and $1.32B the week before), even as the group still holds around $100.38 billion in net assets, down from above $125 billion in mid-January. BTC also briefly dipped to about $74,600 , but has largely held the mid-$70Ks, keeping it just above a level many traders watch for forced deleveraging. The Institutional Take The 200-week band functions as a risk committee line because it compresses a four-year regime filter into a single weekly close. If BTC trades at $75,000 but the market starts pricing a $68.4K tag, desks typically shift from “buy dips” to “sell rips” until the weekly candle either reclaims the 100-week structure or prints a clean test-and-hold at the 200-week zone, which is where systematic vol sellers and long-only allocators usually re-enter with size rather than clip bids in the mid-range. The post Bitcoin Faces Key Weekly Test at $68.4K as ETF Redemptions Hit $2.8B appeared first on Cryptonews .

4 Feb 2026, 16:38

Bitcoin falls again as the selloff looks to deepen

Notable bitcoin-linked ETFs include the iShares Bitcoin Trust ( IBIT ), ARK 21Shares Bitcoin ETF ( ARKB ), Grayscale Bitcoin Trust ( GBTC ), CoinShares Bitcoin ETF ( BRRR ), Invesco Galaxy Bitcoin ETF ( BTCO ), VanEck Bitcoin Trust ( HODL ), WisdomTree Bitcoin Fund ( BTCW ), Fidelity Wise Origin Bitcoin ETF ( FBTC ), Bitwise Bitcoin ETF ( BITB ), and Franklin Bitcoin ETF ( EZBC ). More on Bitcoin Risk-Off Flows And A Tech/AI Panic - Market Reactions Bitcoin Breaks $80,000; Altcoins Suffer - BTC, ETH And SOL Outlook How U.S. Trade Policy Could Delay Bitcoin's Reversal Bitcoin holds steady after huge selloff Michael Burry warns Bitcoin selloff could trigger a “death spiral” - report

4 Feb 2026, 16:36

Ripple Broadens Institutional DeFi Access With Hyperliquid Integration

Hyperliquid is booming lately as it expands with precious metals futures and more, and now Ripple Prime is letting institutional investors tap into it.

4 Feb 2026, 16:35

Bitcoin Bailout Blocked: US Treasury Secretary Confirms No Authority for Cryptocurrency Intervention

BitcoinWorld Bitcoin Bailout Blocked: US Treasury Secretary Confirms No Authority for Cryptocurrency Intervention WASHINGTON, D.C. — In a definitive statement that clarifies the boundaries of federal financial intervention, U.S. Treasury Secretary Bessent has confirmed the department possesses no legal authority to execute a Bitcoin bailout. This declaration, made during a congressional hearing on March 15, 2025, directly addresses growing public speculation about government support for the volatile cryptocurrency market. Consequently, the statement reinforces a fundamental separation between traditional fiscal policy and the decentralized digital asset ecosystem. Bitcoin Bailout Authority Formally Denied by Treasury Secretary Bessent delivered the crucial clarification in response to pointed questioning from Senator Sherman. The senator specifically inquired whether the Treasury could leverage taxpayer funds to stabilize or support the Bitcoin market during a period of significant downturn. Immediately, Bessent stated the department lacks the statutory authorization for such an action. This response, first reported by Walter Bloomberg, establishes a clear legal precedent. Therefore, it extinguishes any notion that federal resources could be used to purchase cryptocurrencies directly. This position stems from the Treasury’s enabling legislation and congressional mandates, which strictly define its operational purview. Historically, the department’s emergency tools, such as the Exchange Stabilization Fund, have been designed for traditional currency and sovereign debt markets. Experts note that extending these powers to Bitcoin would require explicit new legislation from Congress. For this reason, the current legal framework provides no pathway for a cryptocurrency bailout using public money. Context and Implications for Cryptocurrency Regulation The Treasury’s statement arrives amid a complex global regulatory landscape for digital assets. Over the past decade, governments worldwide have grappled with how to classify and oversee cryptocurrencies like Bitcoin. In the United States, regulatory responsibility is fragmented across several agencies: The Securities and Exchange Commission (SEC) oversees securities offerings. The Commodity Futures Trading Commission (CFTC) regulates derivatives markets. The Treasury’s Financial Crimes Enforcement Network (FinCEN) focuses on anti-money laundering. This multi-agency approach has created jurisdictional gray areas. However, the question of using taxpayer money for market intervention has remained largely theoretical until now. Secretary Bessent’s testimony provides an unambiguous answer, effectively drawing a bright red line around the use of public funds. This clarification is significant for market participants who must now price assets without the expectation of a federal safety net. Expert Analysis on Market Structure and Precedent Financial law scholars emphasize that this stance aligns with core principles of market discipline. “The Treasury’s position reinforces that Bitcoin operates in a free-market paradigm,” explains Dr. Anya Sharma, a professor of financial regulation at Georgetown University. “Unlike systemically important banks or government-sponsored enterprises, cryptocurrencies were designed to function outside traditional state support mechanisms. A bailout would contradict their foundational ethos.” Furthermore, historical precedent supports this hands-off approach. During the 2008 financial crisis, Congress authorized the Troubled Asset Relief Program (TARP) through specific emergency legislation. That program targeted institutions deemed “too big to fail” to prevent systemic economic collapse. No similar consensus or legal framework exists for digital assets. The table below contrasts the two scenarios: Factor 2008 Bank Bailouts (TARP) Potential Bitcoin Bailout Legal Authority Emergency Economic Stabilization Act of 2008 No existing statutory authority Target Systemically critical financial institutions Decentralized digital asset network Funding Source Congressional appropriation Taxpayer money (not authorized) Policy Goal Prevent broad economic contagion Stabilize a specific asset price This comparison highlights the substantial legal and philosophical hurdles. Consequently, market analysts believe this clarity may reduce speculative “moral hazard” where investors take excessive risks expecting government rescue. The Road Ahead for Digital Asset Policy While closing the door on bailouts, the Treasury’s statement does not preclude other forms of regulatory engagement. The department continues to actively shape policy through its role in the President’s Working Group on Financial Markets. Key ongoing initiatives include: Developing frameworks for stablecoin oversight. Enhancing anti-money laundering compliance for crypto firms. Coordinating international regulatory standards through the Financial Stability Board. These efforts focus on mitigating systemic risk and protecting consumers, not on market price support. Meanwhile, legislative proposals for a comprehensive digital asset framework remain under debate in Congress. Any future law could theoretically grant new powers, but current political sentiment shows little appetite for creating a cryptocurrency bailout mechanism. Therefore, the status quo of no federal intervention is likely to persist. Global Reactions and Investor Sentiment International regulators have largely welcomed the U.S. position, viewing it as a commitment to market integrity. A spokesperson for the European Central Bank noted that similar constraints exist within the EU’s treaty frameworks. In contrast, some cryptocurrency advocates argue the clarification is a positive development. “True decentralization means no central backstop,” stated Marcus Chen, founder of a digital asset investment fund. “This affirms Bitcoin’s value proposition as a sovereign, non-state asset. Investors must understand the risks fully.” Market data following the announcement showed increased volatility, reflecting a recalibration of risk assumptions. However, long-term price trends appear unaffected, suggesting most sophisticated investors never priced in a likely government rescue. This reaction underscores the market’s maturation and growing understanding of its distinct regulatory environment. Conclusion U.S. Treasury Secretary Bessent’s confirmation that the department has no authority to execute a Bitcoin bailout establishes a critical boundary in federal financial policy. This statement protects taxpayer funds and reinforces the principle that cryptocurrencies operate outside traditional government safety nets. The declaration provides essential clarity for regulators, investors, and market participants navigating the evolving digital asset landscape. Ultimately, it underscores that in the realm of Bitcoin and similar cryptocurrencies, market forces, not federal intervention, will determine outcomes. FAQs Q1: What exactly did the U.S. Treasury Secretary say about a Bitcoin bailout? Secretary Bessent stated, in response to a question from Senator Sherman, that the U.S. Treasury Department is not authorized to purchase cryptocurrency, such as Bitcoin, with taxpayer money. This means there is no legal mechanism for a federal bailout of the Bitcoin market. Q2: Could another U.S. government agency bail out Bitcoin? No other federal agency possesses the authority or budgetary capacity to bail out a decentralized cryptocurrency market. The Federal Reserve’s mandate covers monetary policy and traditional financial institutions, not direct asset purchases like Bitcoin. Q3: Has the U.S. government ever bailed out a cryptocurrency or related company? No. While regulatory actions have targeted specific firms for compliance failures, there is no precedent for the U.S. government using public funds to rescue a cryptocurrency, exchange, or related entity in the manner of the 2008 bank bailouts. Q4: Does this mean Bitcoin is riskier than traditional investments? It confirms that Bitcoin lacks the implicit or explicit government backstops that exist for certain traditional financial sectors (like insured bank deposits). This different risk profile means investors bear full responsibility for potential losses, emphasizing the need for thorough due diligence. Q5: Could Congress pass a law in the future to allow a cryptocurrency bailout? Technically, yes, Congress could pass new legislation. However, such a move would face significant political, economic, and philosophical opposition. Current legislative trends focus on consumer protection and anti-money laundering, not creating rescue mechanisms for digital asset markets. This post Bitcoin Bailout Blocked: US Treasury Secretary Confirms No Authority for Cryptocurrency Intervention first appeared on BitcoinWorld .