#plasma Bitcoin has fallen below $70,000 for the first time since November 6, 2024, with a nearly 7.8% drop in the last 24 hours. Ethereum, SOL, and $XPL (if it's a bull market, XPL would definitely perform well, but unfortunately, it encountered a bear market, and no matter how strong the background is, it cannot stop the trend) have also seen significant declines. Coinglass data shows that a total of 205,000 people in the cryptocurrency market have been liquidated in the last 24 hours.
After Bitcoin set a historical high of $125,000 in early October last year, it began a downward journey, with the current price down one-third from the peak and a drop of more than 25% in the last 30 days. Moreover, Bitcoin has recorded 4 consecutive months of declines, the longest streak since 2018. In terms of funds, in January 2026 alone, there was a large-scale withdrawal from Bitcoin ETFs, with a total net outflow of $1.61 billion. Brothers, has the bear market really come? 😭
After Bitcoin set a historical high of $125,000 in early October last year, it began a downward journey, with the current price down one-third from the peak and a drop of more than 25% in the last 30 days. Moreover, Bitcoin has recorded 4 consecutive months of declines, the longest streak since 2018. In terms of funds, in January 2026 alone, there was a large-scale withdrawal from Bitcoin ETFs, with a total net outflow of $1.61 billion. Brothers, has the bear market really come? 😭
