The BTC price is facing renewed selling pressure, with prices sliding to a multi-week low amid heightened volatility. The move followed a sharp reversal from recent highs and reflected weaker risk sentiment driven by macroeconomic signals, geopolitical developments, and heavy liquidation activity across crypto markets.
BTC Price Crashes Below $85K Amid U.S.-Iran Tensions and Hawkish Fed Pivot
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Bitcoin (BTC) falls below $85,000 on Jan. 29, 2026, hitting a multi-week low; move follows reports of escalating U.S.-Iran tensions and a hawkish pivot by the U.S. Federal Reserve; crypto derivatives markets record heavy liquidations, exchange and on-chain data show.
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