Bitcoin drops to $78,000 as MicroStrategy-fueled rally runs out of buyers, traders say

Bitcoin has experienced a significant decline, dropping to a price of $78,000, as analysts and traders point out that the rally, which had been largely driven by the purchasing activity of MicroStrategy, is losing momentum due to a lack of new buyers in the market. source: https://www.coindesk.com/markets/2026/02/01/bitcoin-drops-to-usd78-000-as-microstrategy-fueled-rally-runs-out-of-buyers-traders-say