Bitcoin Crashes to $81K as Anger Grows Toward Binance
The post Bitcoin Crashes to $81K as Anger Grows Toward Binance appeared on BitcoinEthereumNews.com.
What to Know Bitcoin crashed to $81K due to global fear, forced liquidations, and big investors pulling money out. Anger toward Binance comes from trust issues, bad token listings, and repeated retail losses. The crash exposed a deeper confidence crisis in crypto, where fear and distrust now move faster than prices. Bitcoin fell sharply today, crashing to around $81,311 and shaking the entire crypto market. The drop triggered panic, anger, and blame across social media, with many users pointing fingers at Binance, the world’s largest crypto exchange. On X, hashtags and viral posts accused Binance of being responsible for the heavy selling pressure that pushed Bitcoin down. But Binance has strongly rejected this narrative, calling the accusations unfair and misleading. Bitcoin’s Sudden Fall Shocks the Market Over the last 24 hours, Bitcoin dropped 6.05%, a steeper fall than the overall crypto market. This extended an already weak trend, with Bitcoin now down more than 7.5% for the week. The crash didn’t happen in isolation. Rising tensions between the U.S. and Iran, new trade threats, and growing global uncertainty made investors nervous. Many rushed to sell risky assets, including crypto. Over $1.7 billion in long positions was wiped out in one day, with 93% being long bets. The high volume spike (+77.21% to $77.2B) confirms this was a high-conviction sell-off. Even U.S. Bitcoin ETFs are seeing heavy withdrawals, recording a net outflow of $817.8 million on January 29, marking a third consecutive day of redemptions. Together, these factors created a fast and violent wave of selling. At the time of writing, BTC has slightly recovered and is trading at around $82,729. People Are Blaming Binance As Bitcoin crashed, anger on X quickly turned toward Binance. A tweet, which CZ publicly agreed with, pushed back on this idea. The tweet said that blaming…
Filed under: News - @ January 30, 2026 7:27 am