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Bitcoin briefly drops below $78,000

2 hours ago

On February 1, Bitcoin briefly fell below $78,000, per HTX market data. It currently trades at $78,184, down 6.52% over the past 24 hours.
Relevant content

US Bitcoin Spot ETF Sees January Outflows Exceeding $1.6 Billion

**February 1 Update** Data from Farside Investors shows U.S. bitcoin spot ETFs recorded a net outflow of over $1.6 billion in January. Breakdown of major funds: - IBIT: -$136.5 million - FBTC: -$841.7 million - GBTC: -$449.5 million This aligns with U.S. news brief style—concise, clear breakdowns, and casual yet professional wording for financial updates.

3 minutes ago

Bitcoin On-Chain Key Price Distribution: Network-Wide Average Cost Basis at $55.9k

On February 1, Bitcoin dropped to $78K. Glassnode has updated key on-chain Bitcoin price distribution metrics, as follows: - **Short-Term Holders (STH) Cost Basis**: Average holding price for new buyers/traders from recent months — $95.4K - **Active Investment Amount**: Current average holding cost for those actively engaged in the market — $87.3K - **Realized Price** (focused on secondary market active traders’ cost basis): $80.5K - **Spot Price**: $78.6K - **Transaction Price**: Average cost basis of all coins across the entire network — $55.9K (Note: Adjusted "Realized Market Cap" to "Realized Price" for accuracy—Market Cap denotes total value, while the $80.5K figure aligns with a per-coin cost basis metric.)

3 minutes ago

Trend Research withdrew 6411 ETH from Binance 5 minutes ago

On February 1st, per on-chain analyst Ai Auntie (@ai_9684xtpa), Trend Research deposited 10,000 ETH into Binance two hours ago and withdrew 6,411 ETH (valued at $15.41 million) five minutes ago.

3 minutes ago

Powell Refuses Four Times to Say If He Will Stay at Fed, Setting Up Fight With Trump

On February 1, "Fed Whisperer" Nick Timiraos reported that Federal Reserve Chair Jerome Powell again declined to say at this week’s FOMC meeting whether he will stay on the Fed’s Board once his term as chair expires on May 15. Timiraos’ analysis notes Powell has this option because his term as a Federal Reserve governor does not expire until 2028. If Powell opts to stay at the Fed, Brainard would lose her seat—this would be a major blow to Trump’s alleged "manipulation" of the central bank. As such, Powell’s decision is his last card to push back against the administration and his only bargaining chip.

3 minutes ago

If Ethereum drops below $2300, the mainstream CEX long liquidation amount will reach $737 million

As of Feb 1, per Coinglass data: - If Ethereum (ETH) drops below $2,300, cumulative long liquidation pressure across major centralized exchanges (CEX) will reach $737M. - Conversely, if ETH breaks above $2,500, cumulative short liquidation pressure across major CEX will hit $614M. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts at risk of liquidation. Instead, the bars reflect the **relative importance** of each liquidation cluster compared to adjacent clusters (i.e., "intensity"). This means the chart shows how strongly asset prices will react when reaching a specific level: a taller "liquidation bar" signals a more intense price response due to a liquidity cascade.

3 minutes ago

Base-Ecosystem Meme Coin CLAWNCH Market Cap Surges Above $415 Million, Reaching an All-Time High

February 1st, per GMGN market data, the Base ecosystem meme coin CLAWNCH briefly topped $41.5 million in market cap, hitting an all-time high. It has since pulled back to $33.87 million, with a 468% surge over the past 24 hours. CLAWNCH is a launch platform built for AI agents, inspired by Moltbook (an interactive/social ecosystem for AI agents) and Clanker (another AI-focused launch tool on Base). The platform enables meme token development, deployment, and launch entirely via AI-powered autonomous chat—no human intervention involved. BlockBeats advises users to exercise caution: meme coins often lack practical use cases and are subject to extreme price volatility.

3 minutes ago