Bitcoin continued its decline and fell below the $80,000 level amid increasing outflows from cryptocurrency funds and spot Bitcoin ETFs. Investors are reducing exposure due to cautious sentiment and weaker appetite for risk assets.

According to market data, capital outflows from crypto funds exceeded $1.6 billion in January, marking one of the largest figures on record. This intensified selling pressure and led to a break below a key psychological level.

Analysts note that Bitcoin’s price action is currently driven largely by the macroeconomic backdrop and expectations around monetary policy. Until new demand catalysts emerge, the leading cryptocurrency may remain under pressure.