Bitcoin (BTC) sell-off leads to sharp deleveraging, support at $74,000 in view

What you need to know: Bitcoin (BTC) falls 7.53% to $77,882 after a major sell-off and forced liquidations on January 31, 2026. More than $2.41 billion in long positions disappeared, marking one of the largest recent deleveraging events. Important support at $74,000 under pressure; a breakout could accelerate the downward trend towards lower liquidity zones. […]