How your mind could influence the value of bitcoin (BTC) rising

February 4, 2026

Bitcoin is currently trading at $76,073.52. Market analysts have noted that navigating bear markets can be quite challenging, and expectations of a Federal Reserve rate cut or regulatory adjustments specific to cryptocurrencies might be necessary to shift the current trend.

Interestingly, two psychological tendencies—anchoring bias and regret avoidance—could be influencing investor behavior more than we realize. Last year’s bull market didn’t bring the same excitement as previous ones; there was no mad rush from retail or institutional investors like we saw in 2020-2021 or even 2017. While spot ETFs attracted billions, much of it stemmed from arbitrage rather than genuine bullishness. This might be linked to anchoring bias, where people focus too heavily on a single reference point—like a past price—which skews their assessment of value.

Consider this: when Bitcoin was valued at around $100,000, many investors hesitated, thinking, “That’s way pricier than typical tech stocks. Even the Nasdaq isn’t that high right now. It must be overvalued.” This mindset could mean that they fixated on a familiar metric, concluding BTC was too costly, which kept them from jumping in.

Now, with Bitcoin at $76,000, notably down from its peak, if stock prices dip below $60,000—50% down from last October’s highs—those who held onto their investments last year might finally begin accumulating more. Regret avoidance—the concern over missing out on future gains—tends to get people buying aggressively into assets that have shown a strong upward trend.

While behavioral biases offer an interesting lens to examine potential recovery, it’s crucial to remember external factors, like economic trends and regulatory news, still have the power to steer decisions.

The broader cryptocurrency market seems somewhat stable. Bitcoin has bounced back from an overnight dip to around $73,000 to its current $76,000 price point, reflecting signs of being oversold according to technical indicators. Meanwhile, Ethereum is priced at $2,210.50, and we’ve seen rises in Solana ($96.85) and XRP ($1.60), although Monero’s growth has captured more attention amidst this landscape.

Data from Tagus Capital suggests that long-term holders—those who typically keep coins for over five months—are slowing down their profit-taking pace.

However, it’s important to remain vigilant. If the Nasdaq 100 continues its downward trend and U.S. Treasury yields increase, further declines in the crypto market could occur. Key statistics from the U.S. set to release today could keep the market on edge.

What to Watch

This week’s events can be followed more thoroughly in CoinDesk’s “Crypto Week Ahead.”

Cryptography
Macro
- February 4th, 7 am: U.S. MBA 30-year mortgage rate for the week ending January 30th (previously 6.24%)
- February 4th, 10 am: January U.S. ISM Service PMI (previous value 54.4)
Revenue (based on FactSet estimates)
- February 4: CME Group (CME), pre-market, $2.74.

Token Events

Additional details about this week’s activities are available in CoinDesk’s “Crypto Week Ahead.”

Governance votes and calls
- February 4: Archives for holding town hall meeting.
Unlock
Activate token
- February 4th: THORChain Solana mainnet debut is expected.

Conference

There’s a continuing event this week in CoinDesk’s “Crypto Week Ahead.”

Day 4 of 4: Web Summit Qatar (Doha, Qatar)

Market Movements

BTC is down 0.14% at $76,051.11 since 4 PM ET on Thursday (24h: -2.75%).
ETH fell 0.98% to $2,607.45 (24h: -1.75%).
CoinDesk 20 decreased 0.73% to 2,230.96 (24 hours: -1.9%).
Ether CESR comprehensive staking interest rate lowered by 17bps to 2.83%.
BTC funding rate stands at 0.0028% (3.0748% annualized) on Binance.

Bitcoin Statistics

BTC Dominance: 59.63% (-0.02%)
Ether to Bitcoin ratio: 0.02966 (0.61%)
Hashrate (7-day average): 880 EH/s
Hash Price: $33.97
Total fees: 3.3 BTC / $254,499
CME futures open interest: 115,185 BTC
BTC Gold Price: 15 oz
BTC vs. Gold Market Cap: 5.06%

Technical Analysis

Recent XRP price movements reflect major demand levels. It dropped below $1.60, a prior support where buyers stepped in during April’s dip. This could indicate weakening demand and suggest a possible fall toward $1.00.

Crypto Assets

Coinbase Global (COIN): Tuesday close $179.66 (-4.36%), pre-market $179.32 (-0.19%)
Circle Internet (CRCL): $56.16 (-4.59%), ending at $55.98.
Galaxy Digital (GLXY): $21.98 (-16.87%), ending at $22.02.
Bullish (BLSH): Closed at $27.64 (-3.93%), ending at $27.60.
MARA Holdings (MARA): $9.05 (-0.77%), ending at $8.96.
Riot Platform (RIOT): $15.34 (+0.13%), ending at $15.27.
Core Scientific (CORZ): ended at $17.74 (-0.73%) unchanged pre-market.
CleanSpark (CLSK): $11.36 (+2.90%), ended at $11.25.
CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $45.30 (+1.94%).
Exodus Movement (EXOD): unchanged at $10.47 (-6.35%).