BTCUSD Today: February 3 — Bitcoin Below $80K as Crypto Volumes Dry Up
Bitcoin price today fell under $80,000, with BTCUSD last near $78,648 after a sharp intraday slide to $75,644.15. A stronger dollar and firmer Fed expectations weighed on risk assets, while uncertainty around U.S. crypto rules kept buyers cautious. For German investors, euro-denominated ETPs echo the move and may reflect currency swings. We outline drivers, the technical setup, and what the pullback means for crypto exchange stocks and local portfolios seeking clear, risk-aware entry and exit plans.
BTC below $80K: what’s driving the move
Bitcoin price today is pressured by a strong dollar and reduced hopes for quick Fed cuts, a mix that typically hurts risk assets. Headlines highlight the lowest levels since April 2025, reinforcing fragile sentiment source. Markets also await clearer U.S. rules after recent White House talks, keeping institutions cautious. In Germany, euro pricing in ETPs mirrors the decline, with extra swings from EUR/USD.
Bitcoin price today reflects softer liquidity, with wider spreads during dips. Equity markets show the same: crypto-exchange stocks slid as trading volumes collapsed, signaling lower fee revenue and thinner order books source. When activity slows, price gaps can grow, stops trigger faster, and rallies fade quicker. For German traders, that means using limit orders and avoiding market orders during volatile periods.
Technical picture and key levels
Bitcoin price today sits below short-term averages, keeping a cautious tone. RSI is 48.91, neutral but fragile. MACD is -245.82 vs signal -967.46, with a positive histogram of 721.64, hinting the downside impulse may be easing. ADX at 25.89 shows a firm trend. Price Avg 50 is 89813.6006 and Price Avg 200 is 104526.0834, both well above spot, reinforcing medium-term resistance.
Bitcoin price today tested $75,644.15 intraday, with the year low at 74420.69 as a deeper line in the sand. Bollinger Bands sit at 93209.41 (upper), 88709.05 (middle), and 84208.69 (lower); price below the lower band flags near-term oversold. Keltner lower at 83600.01 and ATR at 3252.65 imply big swings. Resistance: 84208.69, 88709.05, 89813.6006, then 104526.0834.
Impact on crypto exchange stocks
Bitcoin price today is mirrored in listed crypto platforms, where falling client activity hurts fees and share prices. Lower spot and derivatives turnover means softer net revenue and shrinking spreads. German investors should expect higher volatility for brokers and market-makers tied to crypto activity, as highlighted by recent reports of collapsed volumes. Balance sheets and cash reserves will matter if conditions stay weak.
Bitcoin price today also affects ETPs on Xetra and local avenues for exposure. Spreads can widen in stress, and tracking may drift when futures bases are unstable. Focus on liquidity, total expense ratios, and issuer transparency. Miners and brokerages are more cyclical than BTC itself, so position sizes should be smaller. Consider BaFin-regulated products and simple structures for core holdings.
What this means for German portfolios
Bitcoin price today is quoted in USD, but euro returns depend on EUR/USD. A strong dollar impact can cushion euro-based losses or amplify gains, depending on direction. Check if your ETP or note is currency-hedged. For non-hedged exposure, watch ECB and Fed signals together. Align position sizing with after-fee, after-currency outcomes, not just the headline U.S. price.
Bitcoin price today puts the focus on rules, not guesses. Use staged entries near $75,644.15, with contingency at 74420.69 if tested. Reclaiming 84208.69 and 88709.05 improves momentum; above 89813.6006 strengthens the case. Use limit orders, define stops, and size positions for high ATR. Avoid leverage when liquidity thins and review plans at set levels.
Final Thoughts
Bitcoin price today sits below $80,000 as a stronger dollar, tighter Fed pricing, and policy uncertainty weigh on risk appetite. Technicals show pressure: price under the 50-day and 200-day averages, RSI neutral, and volatility high. Immediate focus is on whether buyers defend $75,644.15 and the 74420.69 yearly floor. A move back above 84,208.69 and 88,709.05 would ease stress and open scope toward 89,813.6006. For German investors, use liquid, transparent ETPs, place limit orders, and account for EUR/USD in results. Keep position sizes modest, avoid leverage in thin markets, and reassess if U.S. policy headlines shift tone. Patience and discipline matter more than quick calls.
FAQs
Why did Bitcoin drop below $80,000 today?
Bitcoin price today fell as the dollar firmed and markets priced a stickier Fed stance, pressuring risk assets. Liquidity was thin, so downside gaps appeared faster. Regulatory clarity is also pending after recent U.S. policy talks, keeping institutions cautious. Sentiment weakened as prices revisited the lowest levels since April 2025.
What technical levels are most important right now?
Watch $75,644.15 intraday support and the year low at 74420.69. On the upside, 84,208.69 (Bollinger lower), 88,709.05 (middle), 89,813.6006 (50-day), and 104,526.0834 (200-day) are key. A daily close back above 88,709.05 improves momentum. Rising ATR at 3252.65 signals larger swings, so use clear stops.
How does a strong dollar affect German investors in Bitcoin?
Bitcoin price today is in USD. For euro portfolios, EUR/USD moves can change returns. A stronger dollar can cushion euro losses when BTC falls, or boost gains when BTC rises. If you use non-hedged ETPs, track ECB and Fed signals. Consider hedged share classes when currency swings dominate results.
Are crypto exchange stocks attractive after the selloff?
It depends on risk tolerance. Bitcoin price today signals softer client activity, which pressures fee revenue and share prices. Balance sheets, cash, and cost control will be key. If volumes stay low, earnings may lag. Long-term investors may scale in slowly, but core crypto exposure is usually simpler via liquid ETPs.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.