---
title: "Key facts: Bitcoin price drops to $77,800; ETF outflows and Fed news impact"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274398830.md"
description: "Bitcoin's price has fallen below $80,000, now at about $77,800. This drop follows $1.6 billion in net outflows from U.S. spot bitcoin ETFs in January.1Bitcoin has experienced downward pressure on its price this week, attributed to negative flows into spot bitcoin exchange-traded funds, which have hindered sustained buying interest.2Bitcoin's price dropped sharply after President Trump's nomination of Kevin Warsh as the next Federal Reserve chairman, affecting the overall cryptocurrency market.3"
datetime: "2026-02-01T00:02:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274398830.md)
  - [en](https://longbridge.com/en/news/274398830.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274398830.md)
---

# Key facts: Bitcoin price drops to $77,800; ETF outflows and Fed news impact

-   Bitcoin's price has fallen below $80,000, now at about $77,800. This drop follows $1.6 billion in net outflows from U.S. spot bitcoin ETFs in January.1
-   Bitcoin has experienced downward pressure on its price this week, attributed to negative flows into spot bitcoin exchange-traded funds, which have hindered sustained buying interest.2
-   Bitcoin's price dropped sharply after President Trump's nomination of Kevin Warsh as the next Federal Reserve chairman, affecting the overall cryptocurrency market.3

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