Bitcoin Drops to Lowest Price Since 2024 as Altcoin Losses Mount and $880M in Crypto Liquidations Hit

On 4 February 2026, Bitcoin fell to about $72,500, marking its lowest level since 2024 as the broader crypto market extended its decline. Major altcoins, led by sharply weaker Solana, also slid, while total crypto liquidations over the past 24 hours climbed to nearly $880 million and overall market capitalization retreated to $2.47 trillion. The drawdown has left large institutional holders facing sizable unrealized losses as volatility and risk-off sentiment persist.