Bitcoin fell to its lowest level since April 2025 on Monday as a broad wave of selling hit cryptocurrencies, commodities, and global equity markets at the same time.
The decline pushed crypto deeper into a wider risk off environment, with sharp losses across energy markets, precious metals, and stocks further weakening already fragile investor sentiment.
A Broad Cross Asset Sell Off
Data shared by The Kobeissi Letter showed that the sell off was both aggressive and widespread. Natural gas suffered the steepest drop, plunging 15.5% in a single session.
Assets traditionally viewed as safe havens also came under pressure. Silver slid 8%, while gold dropped 5.5%, erasing more than $10 trillion in combined market value over just three days. U.S. stock futures continued to decline, with Nasdaq 100 futures down 1.8%. In Asia, South Korea’s stock market fell more than 5%, triggering a temporary halt in sell orders on the KOSPI.
Signs of caution had already been building beneath the surface. The Kobeissi Letter noted that the ratio of insider stock sellers to buyers at U.S. listed companies reached 4.8 in January, the highest level since early 2021, suggesting that corporate executives were locking in gains ahead of the downturn.
In crypto markets, Bitcoin dropped below $75,000 to reach a nine month low, while Ethereum fell 10.5%. Analyst Ash Crypto noted that total crypto market capitalization has declined by $700 billion over the past two weeks, with more than $2.5 billion in liquidations recorded on January 31 alone.
Analysts emphasized that the weekend crash was not triggered by a single geopolitical or macroeconomic headline. Instead, it was driven by liquidity stress, where high leverage in unstable markets created sharp price gaps that led to cascading liquidations.
Bitcoin’s Bearish Momentum Continues
Bitcoin was trading near $76,400 at the time of writing, down roughly 2% on the day and nearly 13% over the past week. Over the last two weeks, BTC has lost about 17% and now sits close to 40% below its October 2025 all time high above $126,000. On a yearly basis, the asset is down nearly 24%.
January closed with Bitcoin down more than 10%, marking its fourth consecutive monthly decline. The last time BTC recorded four or more monthly losses in a row was during the 2018 bear market.
Intraday trading over the past 24 hours ranged between roughly $74,500 and just over $79,000, reflecting rising volatility. While Bitcoin has held up better than Ethereum, which is down more than 23% over the past week, its decline continues to weigh heavily on market sentiment due to its size and benchmark role.
The fact that selling pressure has spread across both high risk assets and traditional defensive assets like gold suggests investors are broadly reducing exposure and moving toward cash, likely driven by valuation concerns and growing economic uncertainty.
