Bitcoin Slides 42% From Peak, Hits $72,000 Amid Weak Crypto Sentiments
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Bitcoin has dropped over 45 percent since last year’s peak, hitting $74,000 amid ETF outflows and negative investor sentiment, its lowest since Donald Trump’s second US Presidency.
Bitcoin hits the lowest level since 2024, down 42% from record high
Bitcoin: The popular cryptocurrency Bitcoin is in a drag phase with a retreat over 42 per cent since the all-time high last year. According to CoinMarketCap, the crypto has fallen over 5 per cent in the past 24 hours to hit $72,000, which is the lowest since the accession of Donald Trump for the 2nd time as US President.
The consistent outflows in ETFs (Exchange Traded Funds) and negative sentiment among crypto investors are major reasons behind the fall.
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First Published:
February 05, 2026, 07:54 IST
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