Why did Bitcoin price just hit two-month lows near $83K?

Market Intelligence Analysis

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Why This Matters

Bitcoin's price has dropped to two-month lows near $83K due to a 6% decline, while gold and silver have also seen a retracement from their all-time highs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitcoin suddenly dropped nearly 6% to see its lowest levels in two months as gold and silver endured a snap retracement from all-time highs.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 29, 2026.
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