Bitcoin and Ethereum Experienced Significant Declines in January 2026

Біткоїн та Ethereum продовжили спад у січні

In January 2026, key cryptocurrencies continued to show negative trends. The value of Bitcoin decreased by 10.17% over the month, marking the fourth consecutive month of price decline for this asset. Such a series has only been observed for the second time since 2020.

This is reported by Business • Media

Bitcoin Dynamics and Current Market Situation

The first month of the year was unfavorable for Bitcoin: the asset ended January in the red, while also experiencing a balance between periods of growth and decline. On January 31, the price of Bitcoin fell below the $76,000 mark, and at the time of writing, the cryptocurrency was trading at $78,593.

Bitcoin profitability by month. Source: CoinGlass.

Bitcoin profitability by month. Source: CoinGlass.
Daily BTC/USDT chart on Binance. Source: TradingView.
Daily BTC/USDT chart on Binance. Source: TradingView.

Ethereum: Worst Month Since September 2025

The second-largest digital asset, Ethereum, lost 17.52% in January, marking its fifth consecutive month of negative dynamics. Historically, January has often been profitable for Ethereum, with growth frequently exceeding 30%. However, this year’s result significantly adjusted the ratio of months with positive and negative dynamics, joining the negative figures of 2019 and 2022.

Ethereum profitability by month. Source: CoinGlass.

Ethereum profitability by month. Source: CoinGlass.

As of the end of January, the price of Ethereum stood at $2,418.

Daily ETH/USDT chart on Binance. Source: TradingView.

Daily ETH/USDT chart on Binance. Source: TradingView.

Throughout the month, various factors influenced the cryptocurrency market, causing increased volatility of assets.

In January 2026, Bitcoin dropped by 10.17%, continuing its negative trend for the fourth consecutive month. Such a decline has been observed for the second time since 2020. Meanwhile, Ethereum showed a decrease of 17.52%, closing the month “in the red” for the fifth time since September 2025.

Among expert forecasts, it is worth noting that Bloomberg Intelligence analyst Mike McGlone predicts a possible return of Bitcoin’s value to $10,000 in 2026. At the same time, Cyber Capital founder Justin Bons believes that the asset may face a crash within the next 7-11 years.