The crypto market is down at the moment once more. It began the week by falling 2.9% over the previous 24 hours and pulling again to $2.65 trillion. Furthermore, 91 of the highest 100 cash noticed their costs lower on this interval. The full crypto buying and selling quantity stands at $199 billion, the same stage seen within the earlier days.
TLDR:
Crypto Winners & Losers
The week, and the month for that matter, started within the pink. On Monday morning (UTC), all high 10 cash per market capitalisation have seen their costs drop.
Bitcoin (BTC) fell by 2.1%, at the moment buying and selling at $76,472.
Bitcoin (BTC)24h7d30d1yAll time
Ethereum (ETH) is down 7.2%, altering palms at $2,225. That is the second-highest drop within the class.
The autumn is 7.7% by Lido Staked Ether (STETH), at the moment standing at $2,224.
XRP (XRP) is subsequent, with a 4.3% drop, now buying and selling at $1.58.
Then again, the smallest lower among the many high 10 is 1.3% by Tron (TRX), altering palms at $0.2829
Dogecoin (DOGE)’s 1.5% to $0.1032 is subsequent, adopted by BTC.
Moreover, of the highest 100 cash per market cap, 91 have posted value decreases at the moment.
Of those, one noticed a double improve. MYX Finance (MYX) is up 12.8% to the value of $5.7.
MemeCore (M) appreciated 7%, buying and selling at $1.33, whereas the remainder of the inexperienced checklist is up 4% and fewer.
As for the pink checklist, Monero (XMR) fell 8.7% to the value of $396, adopted by Kelp DAO Restaked (ETH RSETH)’s 8.1% drop to $2,376
‘The Market is Enjoying Out as Anticipated’
John Glover, Chief Funding Officer of Ledn, argued {that a} sense of panic had entered the BTC market final week because the coin fell beneath $84,000. The market hadn’t closed beneath this value since April 2025, Glover famous.
And but, from an Elliott Wave perspective, the market is enjoying out as anticipated.
“We stay in Wave IV and search for this to finish someplace between $71,000 and $84,000.” He provides: “Seeking to accumulate BTC between these costs after having closed lengthy positions at $117,000 as soon as the Wave III high fashioned at $124,000.”
Furthermore, Glover doesn’t see Wave V starting till the second quarter of this yr. As soon as it does begin, his goal shall be $140,000 to $165,000, he mentioned.
“I’ll be higher capable of cut back this vary as soon as we all know the place Wave IV completes. This rely shall be confirmed improper if we shut beneath $67,000 this yr,” the CIO concluded.
Closing the week, Glassnode analysts famous that the newest information from the US (which had come out by Friday) pulled crypto down.
Extra particularly, the nomination of Kevin Warsh as the brand new Federal Reserve Chair and “a hotter-than-expected PPI triggered a hawkish shock,” the analysts mentioned.
The nomination of Kevin Warsh as Fed Chair and a hotter-than-expected PPI triggered a hawkish shock, pushing commodities and crypto decrease.
Right here’s what BTC choices information says about positioning, volatility, and sentiment beneath the transfer. pic.twitter.com/Mn2YKRGoTf— glassnode (@glassnode) January 30, 2026
Ranges & Occasions to Watch Subsequent
On the time of writing on Monday morning, BTC was altering palms at $76,472. It has been a comparatively calm day for the coin by the point of writing. It slowly decreased from the intraday excessive of $79,049 to the day’s low of $74,591.
Over the previous week, ETH dropped 13%, buying and selling inside the $75,442–$90,117 vary. It additionally fell 15% up to now 30 days and just under 40% from its all-time excessive of $126,080, recorded in October 2025.
Additional decreases might see BTC’s value pull to $72,400, adopted by the $70,100 and $68,000 zones.
On the similar time, Ethereum was buying and selling at $2,225. Its highest level was $2,432, seen firstly of this present day. It steadily fell to the intraday low of $2,166, recovering considerably since then.
Furthermore, ETH decreased by 28.2% over the previous month. Additionally it is down 55% from the ATH of $4,946, posted 5 months in the past.
Ought to ETH drop additional, it should discover itself beneath the $2,000 stage, which might mark a big shift. It might pull again to the $1,900 and $1,850 ranges.
Ethereum (ETH)24h7d30d1yAll time
In the meantime, over the weekend, the crypto market sentiment posted a serious lower, exiting the worry zone and plunging decrease.
The crypto worry and greed index at the moment stands at 18, in comparison with 28 on Friday and 26 on Saturday. With this transfer, it has entered the intense worry zone.
This transfer showcases the numerous fear permeating by means of the markets. It additionally highlights heightened danger avoidance amongst market members. It’s at the moment unclear if the index will be capable to pull upwards this week to any notable stage.
ETFs Proceed the Pink Streak
The US BTC spot exchange-traded funds (ETFs) closed final week and month with one other excessive outflow stage. They recorded $509.7 million in unfavorable flows on Friday, 30 January. With that, the overall web influx dropped to $55.01 billion.
Of the twelve ETFs, one is pink, whereas three are inexperienced. But the three’s collective influx wasn’t sufficient to show the class inexperienced for the day.
Ark & 21Shares took in $8.34 million, adopted by Constancy’s $7.3 million and VanEck’s $2.96 million in inflows. Nevertheless, BlackRock posted $528.3 million in outflows.
Furthermore, the US ETH ETFs additionally posted inflows throughout the Friday session, greater than these recorded on Thursday, letting go of $252.87 million. The full web influx fell beneath $12 billion and now stands at $11.97 billion.
Of the 9 ETH ETFs, two noticed outflows, and none recorded inflows. BlackRock is on the high of this brief, pink checklist with outflows of $157.16 million. Constancy follows with $95.71 million in unfavorable flows.
In the meantime, Michael Saylor’s Technique has seen its Bitcoin stack flip unprofitable after BTC fell beneath the $76,000 stage. Because of this the value dropped beneath Technique’s common holding price of $76,037 per coin.
Due to this fact, provided that it holds 712,647 BTC, the corporate faces an unrealised lack of over $900 million. Nonetheless, it appears it is not going to be slowing down with its accumulation plan.
As #Bitcoin fell beneath $75,000, Michael Saylor(@saylor)'s @Technique's 712,647 $BTC is now going through an unrealized lack of over $900M.https://t.co/iFtYbgyI3Q pic.twitter.com/p3gQpkzDuU
— Lookonchain (@lookonchain) February 2, 2026
Furthermore, Bitcoin falling beneath the typical price foundation of US spot Bitcoin ETFs left the everyday ETF purchaser underwater.
Fast FAQ
- Did crypto transfer with shares at the moment?
The crypto market noticed a notable lower over the previous 24 hours. In the meantime, the US inventory market closed the Friday session decrease. By the top of buying and selling on 30 January, the S&P 500 was down 0.43%, the Nasdaq-100 decreased by 1.28%, and the Dow Jones Industrial Common fell by 0.36%. Nonetheless, the S&P 500 and the Dow ended January within the inexperienced. Market members had been digesting the December Producer Worth Index report, in addition to the US President’s Federal Reserve chair announcement.
- Is that this drop sustainable?
The decreases are more likely to proceed within the brief time period. Market members are looking for alerts that will point out how lengthy the decline will final and what awaits within the mid to long run. Furthermore, they’re ready to see if we’ll be getting into the bear market quickly.
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