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The cryptocurrency market recorded another decline today. It started the week with a decrease of 2.9% in the last 24 hours and fell to $ 2.65 trillion. Also, 91 of the top 100 stocks saw their prices decline during this period. The total amount of cryptocurrency transactions represents $199 billion, the same level as it was seen a few days ago.
In short:
- The cryptocurrency market capitalization fell by 2.9% Monday morning (UTC);
- 91 of the top 100 stocks and all of the top 10 stocks declined in market growth;
- Bitcoin fell 2.1% to $76,472, Ethereum fell 7.2% to $2,225;
- From the perspective of Elliott Wave, the market is moving as expected;
- The fifth waver is unlikely to start in the second quarter of this year;
- The appointment of Kevin Warsh to lead the Federal Reserve and a higher-than-expected rate of inflation sparked hawkish fears;
- The route is facing unrealized losses of more than $900 million;
- US Bitcoin and Ethereum spot ETFs saw outflows of $509.7 million and $252.87 million, respectively;
- The ETF investor is now in a losing position;
- Cryptocurrency market sentiment has fallen into a very fearful zone.
Winning is losing money
The week, and indeed the month, began in red. On Monday morning (UTC), all the top 10 currencies with market capitalization saw their prices drop.
decrease price Bitcoin (BTC) That’s 2.1%, and it’s currently trading at $76,472.
Bitcoin (BTC)
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decrease price Ethereum (ETH) It’s 7.2%, and it’s trading at $2,225. This is the second largest decline in the group.
A decrease of 7.7% is derived Ethereum Staken and Lido (STETH)which is currently $2,224.
He comes later XRP images Down 4.3%, it is now trading at $1.58.
On the other hand, the smallest decrease among the top ten is 1.3% for TRON (TRX)which is trading at $0.2829.
This is followed by a decrease of 1.5% for Dogecoin (DOGE) to $0.1032, followed by Bitcoin.
Furthermore, out of the top 100 stocks in the market, 91 stocks fell in value today.
Among these currencies, one currency saw a double-digit increase. he left Myx Finance (MYX) It is 12.8% to a price of $5.7.
he left Mim Core (M) It is 7%, selling at $ 1.33, while the rest of the green rose by 4% or less.
As for the red list, the price has dropped Monero (XMR) It is 8.7% to the price of $ 396, followed by a decrease of 8.1% for Kelp Dow Rested Ethereum (ETH RSETH) Up to $2,376.
The market is moving as expected
Mr John Glover, Chief Investment Officer at… LeidenRisk entered the Bitcoin market last week when the price of the coin fell below $84,000. Glover noted that the market has not closed below this price since April 2025.
However, according to Elliott Wave, the market is moving as expected.
“We are still in the fourth wave and we are looking to achieve between $71,000 and $84,000,” said Glover. He added: “We are looking at Bitcoin’s momentum between these prices after closing a long position at $117,000 once above the third wave range at $124,000.”
In addition, Glover does not see a fifth wave since the second quarter of this year. Once it’s gone, the goal will be between $140,000 and $165,000, he said.
“I can slow this down when I know where the fourth wave ends,” Glover said. “That calculation will be proven wrong if we close $67,000 this year.”
Over the weekend, experts found out Glassnode The latest news from the US (which appeared on Friday) brought down cryptocurrencies.
In particular, experts said that the nomination Kevin Warsh as the new Chairman of the Federal Reserve “The higher-than-expected rate hikes caused a lot of panic.”
Levels and monitoring activities
At the time of writing on Monday morning, Bitcoin was trading at $76,472. It has been a relatively quiet day for money at the time of writing. It fell slightly from an intraday high of $79,049 to a day low of $74,591.
Over the past week, the price of Ethereum fell by 13%, trading within $75,442 to $90,117. It is also down 15% in the last 30 days and down 40% from its high of $126,080, recorded in October 2025.
A further drop could push the price of Bitcoin to $72,400, followed by the $70,100 and $68,000 areas.
At the same time, Ethereum was trading at $2,225. Its intraday high was $2,432, which was seen earlier today. It gradually fell to $2,166 intraday, and recovered slightly.
Also, the price of Ethereum has fallen by 28.2% in the last month. It was also down 55% from the all-time high of $4,946, recorded five months ago.
If the price of Ethereum falls further, it will find below the level of $ 2,000, which would represent a significant change. It can fall to the levels of $1,900 and $1,850.
Ethereum (ETH)
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Meanwhile, the cryptocurrency market sentiment index saw a significant decline at the end of the week, exiting the fear zone and falling further.
Today, the Cryptocurrency Fear and Greed Index stands 18compared to 28 on Friday and 26 on Saturday. With this move, he entered a region of great fear.
This move reflects the deep anxiety in the markets. It also shows the level of risk among market participants. It is currently unclear whether the index will rise this week to any other level.
ETFs continue to lose
US spot Bitcoin ETFs closed last week and month with a surge in outflows. I signed up $509.7 million of the negative outflow on Friday, January 30. Therefore, the total flow decreases to $ 55.01 billion.
Of the twelve ETFs, one is red, and three are green. However, the total amount that went into the three funds was not enough to keep the team green for the day.
Welcome Ark has 21 shares Entry of $ 8.34 million, followed by Loyalty It is $ 7.3 million andVan Eyck That’s $2.96 million. Anyway, sign up Black Rock Revenues totaled $528.3 million.
In addition, US Ethereum ETFs also recorded inflows during the Friday session, higher than those recorded on Thursday, as they saw an outflow of funds. $252.87 million. Total traffic dropped below $12 billion and is now $11.97 billion.
Of the nine Ethereum ETFs, two saw exits, and none recorded. Black Rock At the top of this short and red list is an outflow of $157.16 million. Others Loyalty It’s a negative move of $95.71 million.
At this time I witnessed way Where is Michael Saylor? his property of Bitcoin It turned out to be useless After the price of Bitcoin fell below the level of $ 76,000. This means that the price fell below the strategy firm’s average price of $76,037 per fund.
Therefore, since it has 712,647 Bitcoins, the company is facing unrealized losses of more than $900 million. However, it seems that will not slow down his accumulation plan.
Additionally, the price of Bitcoin has fallen below the average price of holding Bitcoin ETFs in the United States An ETF investor leaves a losing position.
Quick Questions
- Did cryptocurrencies move with stocks today?
The digital currency market saw a significant decline in the last 24 hours. At the same time, the US stock market closed on Friday lower. At the close of trading on January 30, the index fell The value of the S&P500 With 0.43%, the index decreased Nasdaq-100 With 1.28%, the index fell Dow Jones Industrial Average and 0.36%. However, the S&P 500 and Dow ended January in the green. Market participants were digesting the December Producer Price Index report, as well as the US Federal Reserve Chairman’s announcement.
- Is this decline sustainable?
This decline is expected to continue in the short term. Market participants are looking for signs of how long the downturn will last and what lies ahead in the medium to long term. Also, they are waiting to see if we will enter a bear market soon.
A note Why is digital currency down today? – February 2, 2026 appeared for the first time Cryptonews Arabic.
