US EditionBitcoin, ether rebound after weekend low-liquidity rout: Crypto Markets Today
A thin-liquidity weekend sell-off wiped out $2.5 billion in leveraged longs, pushing Bitcoin below $80,000 and causing a sharp drop in futures open interest to its lowest since April.
- On Saturday, a low-liquidity sell-off pushed bitcoin to $74,674 and ether to $2,164, erasing $290 billion of crypto market value since Saturday.
- QCP Capital noted the break below $80,000 reignited deleveraging as shallow liquidity and sidelined institutional desks amplified moves.
- Liquidations wiped out more than $2.5 billion in leveraged longs, exchanges force-closed over $800 million in bets, and market-wide futures open interest dropped to $108.94 billion.
- A key support line flipped into resistance, limiting upside, while bitcoin futures opened lower at $77,730 from Friday's $84,105 close.
- Options market participants showed demand for downside protection, with Deribit’s $75,000 put as popular as $100,000 bets and block trades featured ether put butterflies, while some altcoins diverged higher.
13 Articles
13 Articles
Bitcoin, ether and major tokens stage relief rally after weekend bloodbath
Bitcoin, ether and major tokens stage relief rally after weekend bloodbath Bitcoin rebounded toward $79,000 after dipping below $75,000 over the weekend, as traders weighed heavy liquidation-driven selling against macro tailwinds and a potential inflection point for crypto markets. What to know: …
Bitcoin Stages Modest Rebound After Weekend Tumble Below $80K, Erasing $200B in Value
Bitcoin, the world’s leading cryptocurrency, clawed back modest gains on Monday, February 2, 2026, trading around $77,926 at 8:37 a.m. ET—up about 1% on the day per CoinMetrics data—following a sharp weekend plunge that saw it dip below $80,000 for the first time since April 2025. The asset bottomed at $74,876 amid thin liquidity, capping […] The post Bitcoin Stages Modest Rebound After Weekend Tumble Below $80K, Erasing $200B in Value appeared …
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