Bitcoin price slips below $78,000 as Fed pick jitters set up week ahead

Bitcoin fell 1.8% over the last 24 hours to $77,511.80 on Sunday, as weekend trading kept the market pinned near levels last seen in late November. CoinMarketCap showed about $65.0 billion of bitcoin trading volume over the past day.

Bitcoin · Cryptocurrency · Federal Reserve · NASDAQ:MSFT
Bitcoin price breaks below $80,000 after silver rout — and Warren Buffett’s Berkshire Hathaway sees American Express nearly catch Apple

Bitcoin price breaks below $80,000 after silver rout — and Warren Buffett’s Berkshire Hathaway sees American Express nearly catch Apple

Bitcoin dipped under $80,000 on Saturday, dropping roughly 6.5% to $78,719, pressured by a stronger dollar after Donald Trump named Kevin Warsh to head the Federal Reserve. Ether tumbled nearly 12%, hitting around $2,388. “Sometimes these price adjustments feed on themselves,” said Brian Jacobsen of Annex Wealth Management, cautioning that further selling might be ahead.
1 February 2026
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Bitcoin tumbles under $80,000 as Warsh Fed pick shakes altcoin season hopes

Bitcoin tumbles under $80,000 as Warsh Fed pick shakes altcoin season hopes

Bitcoin slid below $80,000 on Saturday, extending a sharp pullback as traders fretted over tighter U.S. liquidity after former Federal Reserve governor Kevin Warsh was selected as the next Fed chair. The biggest cryptocurrency was down 6.53% at $78,719.63 at 12:48 p.m. ET, and is about a third off October record highs; it hit $81,104 on Friday, the lowest since Nov. 21. Ether fell 11.76% to $2,387.77, as cryptocurrencies lagged rallies in gold and stocks and early hopes for friendlier policy under Donald Trump cooled, Reuters reported.
31 January 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

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Times and estimates may change. Verify before trading.