Economists explained the reasons for the sharp drop in bitcoin

The sharp drop in bitcoin by almost 9%, to around $81,000, was the result of external macroeconomic and market factors, rather than internal problems of the cryptocurrency. Alexander Schneiderman, head of Alfa-Forex's Customer Support and Sales department, told Izvestia on January 30.

"The main trigger is the collapse of the technology sector, in particular Microsoft shares, which lost 12% in two days due to investor disappointment in the AI investment strategy. This bearish momentum spread to the entire Nasdaq, dragging the crypto market with it. Bitcoin, despite its declared independence, still strongly correlates with risky assets, especially in times of stress," the expert explained.

Additional impact was caused by the large-scale liquidation of positions in the derivatives market, which exceeded $1.7 billion, as well as the outflow of funds from exchange-traded funds for bitcoin, which amounted to more than $800 million in one day. Investors' nervousness and expectations of new decisions by the US Federal Reserve, fears of a possible budget crisis, as well as geopolitical uncertainty have increased.

Schneiderman emphasized that high volatility remains the norm for the crypto market after strong rallies, but the speed of the current decline indicates a shortage of liquidity and a redistribution of capital. According to him, the nearest support zone remains the range of $ 80-80.6 thousand, and in case of its breakdown, the market may test the level of $ 75 thousand. According to the expert, in order to stabilize the situation, quotes need to quickly return above $90.6 thousand, although market participants may perceive even such an increase as a technical rebound.

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Denis Astafyev, an entrepreneur and founder of the SharesPro fintech platform, holds a similar position. He attributed the decline in cryptocurrencies to a correction in the American stock market, primarily in the Big Tech segment, and recalled the Fed's harsh rhetoric, which signaled a slower rate cut due to persistent inflation. According to him, profit-taking on risky assets and pressure on defensive instruments, including gold and silver, have increased the overall negative background.

"In the next few months, including the spring period, the markets will be in a zone of increased volatility and consolidation. New waves of decline are not excluded. In particular, bitcoin may adjust to the region of $60,000 per coin, as the market now objectively lacks liquidity, the positive news background is limited, and global risks continue to grow," the source said.

Experts agree that the current dynamics reflect a reassessment of risks and adaptation to new macro conditions rather than a loss of confidence in cryptocurrencies as an asset class. However, until the Fed's policy is clarified and stock markets are stabilized, bidders should remain extremely cautious, they said.

The cost of bitcoin dropped by almost 8.7% overnight, dropping to $81,118 thousand. According to Binance, the cryptocurrency reached this mark for the first time since November 21, 2025.

Igor Rastorguev, a leading analyst at AMarkets, reported on December 24 last year that the introduction of a limit of 300 thousand rubles per year per investor when buying cryptocurrencies would not be able to fully protect businessmen from losses, but reflected the regulator's recognition of the scale and reality of the crypto market. According to him, cryptocurrency remains a highly volatile instrument.

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