The founder of the Binance bitcoin and crypto exchange has said he’s lost confidence in a 2026 so-called “super

Bitcoin dropped to its lowest since Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president.

Even the bulls are turning cautious on Strategy.

“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.

Bitcoin sank as low as $72,096.20 on Wednesday, marking its second consecutive day breaking below the $73,000 level.

The bitcoin price has now retraced more than 40% from its all‑time highs reached in late 2025. According to Bitcoin Magazine Pro data, the one-year low for the bitcoin price is $74,747. Bitcoin is dancing near that number.

The price of bitcoin fell about 10% over the past week.

The bitcoin holdings of Michael Saylor’s Strategy were briefly underwater in a sign of the unwinding in cryptocurrency value this year.

The digital asset market is currently navigating a period of intense structural realignment. As of February 4, 2026, Bitcoin (BTC) is trading at around $73,350, reflecting a modest 24-hour decline of over 1.

Bitcoin price slid to multi month lows as bearish headwinds and forced liquidations drained risk appetite across crypto.

Cryptocurrency markets fell as global equities and precious metals sold off, while bitcoin liquidations exacerbated downside moves.

Bitcoin ETF flow dispersion widened on Feb. 3 as IBIT took inflows while FBTC and ARKB drove a $272.0 million combined outflow.