Archive · 30 Jan 2026
Bitcoin Drops 5% to $82,000
Bitcoin, the biggest cryptocurrency, dropped a lot in price on Thursday, January 29th, 2026.
It went down by about 5.43% to around $82,000.
This is the lowest price it's been since early December.
The total value of all Bitcoin in the world is now $1.68 trillion.
People traded a lot of Bitcoin in the last 24 hours, with $50.59 billion worth of trades.
This happened because many people were selling their cryptocurrencies, not just Bitcoin.
The drop was caused by a combination of mass liquidation of leveraged positions, with over $777 million in long positions wiped out in one hour, and growing macroeconomic unease.
Bitcoin dropped 5.43% to $82,000 on 29 January 2026, the lowest price since early December.
Market capitalization is now $1.68 trillion.
24-hour trading volume was $50.59 billion.
The drop was driven by mass liquidation of leveraged positions, with over $777 million in long positions wiped out in one hour.
The drop was also attributed to growing macroeconomic unease and excessive leverage in the market.
- Who
- Bitcoin investors and traders
- What
- Bitcoin price drop
- When
- 29 January 2026
- Where
- Global cryptocurrency markets
- Why
- Market-wide sell-off driven by mass liquidation of leveraged positions and macroeconomic unease
Market Correction
Macroeconomic Concerns
Cause of Drop
Market Correction
The drop was caused by mass liquidation of leveraged positions, with over $777 million in long positions wiped out in one hour.
Macroeconomic Concerns
The drop was driven by growing macroeconomic unease and excessive leverage in the market.
- Current Price
- $82,000
- Percentage Drop
- 5.43%
- Market Capitalization
- $1.68 trillion
- Trading Volume (24h)
- $50.59 billion
- Date
- 29 January 2026
- Liquidated Long Positions
- $777 million
Sources
Bitcoin prices today: Crypto token drops over 5% to $84,400, market capitalisation hits $1.68 trillion
Bitcoin slips to month low, falls 2.5% as US Fed chair weighs on risk assets
Bitcoin Bleeds $12,000 in Days: $82,000 Crash Triggers $1.7 Trillion Crypto Shock
