Bitcoin dips below $79,000 as market digests silver sell-off, Trump's Fed chair pick

Bitcoin and Ethereum plunged following wide swings in the commodities market.

# Bitcoin dips below $79,000 as market digests silver sell-off, Trump's Fed chair pick Bitcoin and Ethereum plunged following wide swings in the commodities market. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/31/bitcoin-dips-below-78000-after-silver-selloff.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*