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Bitcoin price loses almost 8.7% to $81,118

The price of the second-largest cryptocurrency by capitalization Ethereum fell by 7.08% to $2,750.85

MOSCOW, January 30. /TASS/. The price of Bitcoin fell by almost 8.7% overnight to $81,118, according to Binance platform data. The last time the cryptocurrency reached this level was November 21, 2025.

As of 4:43 a.m. Moscow time (1:43 a.m. GMT) the price of Bitcoin was down by 8.69% at $81,118. By 8:10 a.m. Moscow time (5:10 a.m. GMT) the Bitcoin price had narrowed losses to 6% reaching $83,000. Meanwhile, the price of the second-largest cryptocurrency by capitalization Ethereum (ETH) fell by 7.08% to $2,750.85.

According to Coinglass data, global crypto exchanges liquidated the positions of more than 267,000 traders over the past 24 hours, totaling over $1.68 bln. Most of the liquidations occurred in Bitcoin ($779.76 mln). Around $1.57 bln in liquidations were for long positions, and $117.71 mln were for short positions. The largest liquidation order in the past 24 hours was submitted on the HTX crypto exchange for the BTC-USDT pair worth $80.57 mln.

According to Coinmarketcap, the total cryptocurrency market capitalization equaled $2.82 trillion. Bitcoin accounted for $1.655 trillion (58.7%), and Ethereum accounted for $331.446 bln (11.8%).

Cryptocurrency liquidation is the forced closure of a trading position by an exchange using leverage (a mechanism that allows a trader to manage a position using borrowed funds from an exchange or broker) due to insufficient funds to support the transaction. It occurs when losses on an open position exceed the initial trade size to protect the trader from debt and the exchange from risks.

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