Bitcoin Faces Downside Risk Below $70,000 as Multiple Selling Pressures Mount in January

Bitcoin encounters mounting selling pressure as January 2026 ends, including a $2.24 billion drop in stablecoin market capitalization, a year-low Coinbase premium, and a sharp decline in mining hashrate due to a severe US ice storm. The combined impact of these factors has prompted veteran trader Peter Brandt to warn that Bitcoin could fall below The post Bitcoin Faces Downside Risk Below $70,000 as Multiple Selling Pressures Mount in January appeared first on BeInCrypto.