Bitcoin Risks Test of $58K Support as On-Chain Metrics Deteriorate: Analyst
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Bitcoin’s late-January plunge triggered $2 billion in liquidations, broke crucial supports, and left nearly half of the supply underwater, Galaxy found. ‘;
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Bitcoin (BTC) has tried to recover above $78,000 after sustaining devastating losses over the weekend, but the bears took the upper hand and pushed the price back down. Galaxy Digital research head Alex Thorn said recent…
Filed under: News - @ February 3, 2026 7:26 pm