The post Morning Minute: Bitcoin Hit $75k After Weekend Washout appeared on BitcoinEthereumNews.com.

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors dumped over the weekend, down 10-20% on week; BTC at $78k Saylor’s MSTR briefly goes underwater as BTC tapped $75k Tom Lee’s BMNR down $6.9B on ETH position Hyperliquid reportedly testing native prediction markets Polymarket coming to Solana via Jupiter integration 💥 The Weekend Bloodbath: Bitcoin Hits 9-Month Low as $2.5B Gets Liquidated The bull hopium may have just run out. 📌 What Happened Bitcoin dropped more than 7% over the weekend, sliding from around $84,000 to briefly touching $75,500 (now back over $78,000). The move pushed BTC below its True Market Mean ($80,500) for the first time in 30 months (the last time was late 2023 when Bitcoin traded at just $29,000). This led to ~$5B in liquidations across the weekend, almost all longs. Ethereum got hit hardest with $1.15B in ETH positions wiped out as ETH fell as much as 17% at one point. Solana lost nearly $200M in liquidations and also lost its $100 handle. So what caused the dump? Fed Chair Warsh: Trump’s nomination of Kevin Warsh sparked fears of prolonged hawkish policy Iran explosion: Reports of a blast at Bandar Abbas port (handles ~20% of the world’s seaborne oil) seemed to spook markets on Saturday U.S. government shutdown: A brief federal shutdown added to the uncertainty  But overall, it seems like the simplest explanation is that the crypto 4-year cycle is simply playing out again. 🗣️ What They’re Saying “Bitcoin topped on apathy and has had a slow bleed.Silver topped on euphoria and had a sharp correction. Good to understand market behavior after different types of tops.”…

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Filed under: News - @ February 2, 2026 2:30 pm