economy
February 3, 2026
Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes
Bitcoin fell below $73,000 on Tuesday as investors sold the asset to hedge against heightened geopolitical and economic uncertainties.
TL;DR
- Bitcoin fell below $73,000 on Tuesday, its lowest price in nearly 16 months.
- The cryptocurrency dropped more than 6% on the day and 16% year-to-date.
- Factors contributing to the decline include investor rotation out of risk-on assets, geopolitical concerns, and delayed U.S. economic data due to a government shutdown.
- Strategy, a bitcoin treasury firm, was trading down 9%.
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