February 1, 2026

The post Why is Bitcoin Price Going Down Today? appeared first on Coinpedia Fintech News

The crypto market is under heavy pressure today, with prices falling sharply over the weekend and investors asking one question: what went wrong? The answer lies in a mix of forced selling, weak demand, and price levels breaking all at once.

The total crypto market value has dropped to around $2.6 trillion, down nearly 5% in the last 24 hours. Bitcoin, which was trying to hold above $78,000, has now slipped below that level, adding to market fear. Many traders are now watching the next major support near $75,000.

The biggest driver of today’s crash is liquidations. In just 24 hours, more than $2.58 billion worth of crypto positions were wiped out. This happens when traders use borrowed money and prices move against them, forcing exchanges to close positions automatically.

Weekend Trading Made It Worse

Weekend markets usually have lower trading volume and thinner liquidity. That means fewer buyers are available when prices start falling. As Bitcoin dropped below key levels, sell orders piled up quickly, pushing prices down faster than usual.

Bitcoin Breaks Key Levels

Bitcoin falling below $78,000 was a major technical trigger. This level had been acting as short-term support. Once it broke, many traders exited positions. Bitcoin is also testing an important long-term support level when compared to gold, making this zone critical.

If Bitcoin fails to hold near current levels, analysts see $75,000 as the next strong support. A break below that could bring even more selling.

Altcoins Hit Harder

Altcoins are feeling even more pain:

Ethereum is down sharply over the week, losing more than 20%
XRP, Solana, and BNB are all deep in the red
The CoinMarketCap 20 Index is down over 14% in seven days

Market Fear Is Extreme

Investor sentiment has collapsed. The Fear and Greed Index is at 18, which signals extreme fear. Technical indicators show most coins are now oversold, meaning prices have fallen very quickly in a short time.

Weak Demand Adds Pressure

On top of liquidations, demand has been weak. Large investors have been cautious, and there has been no strong buying support to absorb the selling. When forced liquidations meet low demand, prices fall fast.

What Happens Next

The market now depends on whether Bitcoin can stabilise above $75,000. If selling slows and liquidations dry up, a short-term bounce is possible. But if fear continues and key supports fail, volatility could remain high in the coming days.

For now, the weekend crash shows how quickly crypto markets can turn when leverage, fear, and low liquidity collide.

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The Schwab US Dividend Equity ETF (SCHD) is doing well this year and is constantly beating the broader market, including the S&P 500 and the Nasdaq 100 indices.

SCHD has jumped by 8.50% this year and is now hovering at its all-time high, while the S&P 500 has risen by just 1%. This article explores the main reason why the SCHD ETF is thriving this year.

SCHD ETF is thriving as rotation from AI companies continue

The SCHD ETF is firing on all cylinders this year and is up by nearly 30% from its lowest level in April last year.

The main reason behind the rally is the ongoing rotation from technology stocks to value names.

A closer look shows that most technological stocks have crashed and moved into either a correction or a bear market.

NVIDIA, a top player in the AI industry, has dropped by 10% from its highest level in 2025. Similarly, Microsoft stock has plummeted to $430, down by 22% from its all-time high.

Other software companies, including popular names like Palantir, ServiceNow, Intuit, and Salesforce, have all crashed.

On the other hand, investors have turned to other value companies that have underperformed the broader market in the past few months.

Soaring energy prices have boosted the SCHD stock

The other main reason behind the ongoing SCHD stock rally is the energy sector. Data shows that the energy segment is the biggest part of the index, with companies in the industry accounting for 20% of the fund.

Energy stocks have jumped in the past few months as crude oil has soared. Brent, the global benchmark, rose to $70 as the risk that the United States will attack Iran rose.

Data shows that the State Street Energy Select Sector ETF (XLE) jumped to a high of $51, up by 40% from its lowest level in April last year. The ETF has jumped to a record high.

Some of the top energy stocks in the SCHD ETF are Chevron, ConocoPhillips, EOG Resources, and Valero Energy.

Corporate earnings to impact its performance

The SCHD ETF stock will have some notable catalysts this week. The most important one will be key corporate earnings, including top companies like Palantir, Walt Disney, AMD, Merck, Amgen, Pfizer, Alphabet, Eli Lilly, AbbVie, Qualcomm, Boston Scientific, ConocoPhilips, Bristol-Myers Squibb, ICE, Philip Morris, and Biogen.

These companies will publish their earnings, which will provide more information about their performance in the fourth quarter. Analysts expect the report to show that these companies continued doing well in the quarter.

The other potential catalysts for the SCHD ETF this week will be the upcoming US non-farm payrolls data, which will come out on Friday. It will also react to the decision by Donald Trump to nominate Kevin Warsh as the next Federal Reserve Chair.

SCHD ETF stock technical analysis

SCHD stock chart | Source: TradingView

The daily timeframe chart shows that the SCHD ETF stock has been in a strong uptrend in the past few months. It jumped from a low of $23.20 in April last year to the current $29.82.

The fund has remained constantly above the 50-day and 100-day Exponential Moving Averages (EMA). It also moved above the Supertrend indicator and the Ichimoku cloud.

The Average Directional Index (ADX) has jumped to 43, its highest level in over a year, and much higher than last year’s low of 9.68. A soaring ADX indicator is a sign that the momentum is growing.

Therefore, the most likely scenario is where it continues rising as bulls target the next key resistance level at $35. A drop below the key support at $28 will invalidate the bullish outlook.

The post SCHD ETF stock is beating the S&P 500 and Nasdaq 100 this year appeared first on Invezz

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Why is Bitcoin Price Going Down Today?