Bitcoin prices continued their downward slide on Monday, weakening against both the US dollar and the Pakistani rupee as selling pressure persisted in the global cryptocurrency market. The leading digital asset has now posted sharp losses over the past week and month, reflecting heightened volatility and cautious investor sentiment.
As of February 2, 2026, the price of one Bitcoin stood at $76,360.90 in the international market. This marked a daily decline of $895.12, or 1.17 percent. Over the last seven days, Bitcoin has lost a total of $12,778.68, sliding from levels above $89,000 seen in late January. The weekly downturn followed a steep sell-off on January 29 and January 31, when Bitcoin recorded its largest single-day losses during the period.
On a monthly basis, the decline has been even more pronounced. Bitcoin has fallen by $14,205.90, or nearly 18.6 percent, compared to its value at the start of January, highlighting sustained pressure on digital assets amid shifting global market conditions.
In Pakistan, the impact was equally significant. The value of one Bitcoin dropped to Rs21,501,749.28, registering a daily decrease of Rs285,080.50. Over the past week, Bitcoin has shed Rs3.43 million, while the 30-day decline now stands at Rs3.85 million, translating into a drop of almost 18 percent.
Market analysts attribute the continued fall in Bitcoin prices to profit-taking, regulatory uncertainty in major economies, and reduced risk appetite among investors. Experts caution that cryptocurrency markets may remain volatile in the near term, urging traders to closely monitor global economic signals and market developments.