Bitcoin Under Pressure: Price Slips Below $72,877 Amid Global Uncertainties

- Global turmoil and delayed U.S. data pushed Bitcoin lower by 6%. - The Bitcoin price drop on Tuesday nearly touched its lowest ($72,884.38 in 2024, November). - Experts characterise the dip as normal and express long-term optimism.

Adepu Bindu

04 Feb 2026 — 3 min read

Bitcoin Under Pressure: Price Slips Below $72,877 Amid Global Uncertainties

In recent times, global markets have witnessed a sell-off, and Bitcoin is now under pressure as well. On Tuesday, Bitcoin's price fell drastically below $72,877. This was the lowest price Bitcoin has reached since November 2024. Last time it touched $72,884.38 on November 6, 2024, and back then Bitcoin traded at $68,898. The global uncertainties are to blame.

Additionally, delayed U.S. data, unclear crypto regulations, and general market fear added to investors' stress. However, the experts remain positive about the decline. They affirm that this is normal and that the long-term outlook remains favourable. What, precisely, do the experts believe? Is everything bad for crypto? For all that, learn more.

Bitcoin Price Drop on Tuesday (February 3, 2025)

On Tuesday, Bitcoin was down more than 6%, and it worried investors. Later in the day (precisely at 5:25 p.m. ET), it recovered a bit and was trading at $75,658.95. However, the recovery pushed the price by 3%. Therefore, the tension still lingered. Crypto-related companies are taking the impact of the fall. Strategy, a company that holds a lot of Bitcoin, took a 4% sharp drop during the trading session.

Overall, Bitcoin is down 16% so far this year. However, this decline is gradual, except this week. Losses increased due to several uncertainties. People are losing faith in the markets and risk-associated assets. Safe-haven assets such as gold have become a more attractive option.

Why Is Bitcoin’s Price Falling?

There's no simple explanation to it, as reasons are not limited to just these. Several things are happening at the same time:

Bitcoin is a risk-on asset. When uncertainties arise, people panic, sell risky assets, and move toward safe options such as gold, cash, and bonds. Hence, investors are moving away from Bitcoin.
Global political and military concerns are worrying investors. Recently, the U.S. vs. Greenland (Denmark & Europe) issue has impacted markets worldwide. The dollar and Euro values declined, further worsening market conditions (for investments and profits). The impact is now evident in Bitcoin as well.
Important U.S. economic data were not released on time, which worried investors (because missing data signals uncertainty) and led to widespread selling.
Lawmakers are still debating how to regulate cryptocurrencies, so there are no clear rules in place. Unclear regulations make Bitcoin fundamentally and psychologically more risky.
While all these were happening, some investors were forced to sell due to liquidations (meaning when prices fall too fast, as on Tuesday, positions are automatically closed).

What Do Experts Say About the Falling Price of Bitcoin?

According to Rob Hadick from Dragonfly Capital, Bitcoin's drop is not just because of a single event. He says that the prices of Bitcoin and crypto are naturally very volatile, and the present price movement is normal. Hadick mentioned that Stablecoins and tokenised assets are becoming more popular. He affirmed that crypto is still strong. Therefore, the markets are just adjusting rather than collapsing.

Final Thoughts…

The price drop is still worrying the investors, even though experts urge calm (assuring its long-term benefits). The price went down to a 15-month low. Therefore, the tension remains unchanged to this day. The price rebounded and is currently trading in the $74,800 to $76,400 range. For more updates on the same, keep in touch.