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After a day of brief growth, the cryptocurrency market fell today. It fell 2.3% in the last 24 hours, to $2.66 trillion. Also, 64 of the top 100 stocks saw their prices decline during this period. The total market capitalization of digital currencies reached $160 billion.
In short:
- The cryptocurrency market capitalization fell by 2.3% on Wednesday morning (UTC);
- 64 of the top 100 stocks and 7 of the top 10 stocks were down;
- Bitcoin fell 2.9% to $76,415, Ethereum fell 1.7% to $2,281;
- What is happening in all markets this week is not trend, but pressure;
- Time is compressed rather than directed;
- GameStop’s closing has not been confirmed, but its latest move alone was enough to spark market speculation;
- Altcoins remain within the range with low volatility;
- For cryptocurrency investors, this is an area that rewards rather than predicts;
- Michael Burry said that the decline of Bitcoin could lead to a $1 billion sale of gold and silver;
- Ark Invest’s Cathie Wood continued to buy during the market downturn;
- Tom Lee defends criticism of Bitmine’s Ethereum treasury strategy;
- US Bitcoin spot ETFs saw outflows of $272.02 million, while Ethereum spot ETFs recorded inflows of $14.06 million;
- Cryptocurrency market sentiment has fallen sharply in two months.
Winners and losers in the cryptocurrency market
As of Wednesday morning (UTC), 7 of the top 10 stocks by market value saw their prices drop.
Bitcoin (BTC) It fell by 2.9%, and is now trading at $76,415. This is the second largest decline in the group.
Bitcoin (BTC)
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Ethereum (ETH) It rose 4.3%, and is now trading at $2,318. This is the second highest rise in the category.
The biggest drop in the list was 6.5% in cash Solana (SOL)The price came to $97.8.
At the same time, three currencies were recorded increasing and none of them exceeded 0.5%. TRON (TRX) It rose 1.1%, and is now trading at $0.2865.
Dogecoin (DOGE) andFIGR HELOC (FIGR_HELOC) They rose by 0.3% and 0.2% to $0.1083 and $1.04, respectively.
In addition, of the top 100 stocks with the highest market value, 64 of them recorded a decline in prices today.
One of them saw a double-digit decline: Hyperliquid (HYPE) It fell 10.5% to $33.33.
Provenance Blockchain (HASH) Followed by a decrease of 9.7% to a price of $ 0.01941.
At the same time, Cosmos Hub (ATOM) andBox Gold (PAXG) It is the green money that is doing the best. They rose 4.4% and 3.5% to $2.09 and $5,106, respectively.
Meanwhile, Michael Burry, the creator of the film “The Big Bet,” argued that Bitcoin continues to decline. It could lead to sales of $1 billion In gold and silver.
“It appears that $1 billion worth of precious metals were closed at the end of the month due to the fall in crypto prices,” Puri said, adding that the relationship between cryptocurrencies and precious metals “created” a worrying scenario.
“Time is pressing rather than choosing a strategy.”
Commented Tony Severino, market analyst at YouHodler“The reality in all markets this week is not the trend, but the pressure,” concludes Severino.
“Currency volatility is increasing even as the dollar declines, metals remain at high levels without a breakout, and Bitcoin remains locked in one of the most difficult regimes in its history,” he writes. “These things are disappointing for the participants in the short term, but they also show that the markets are moving in time rather than direction.”
“To my investors Digital currencyThis is a stage that gives punishment and not prediction. Major forces are on the way down, and technical patterns across the economy suggest that a resolution is nearing – although the timing remains uncertain. As instability grows from these factors, history shows that the movement will not be gentle. Until then, patience, financial standing, and risk management remain the real value. “
Severino explains that Bitcoin is still narrow. However, there is a “very important sign” that appears at the time of each month.
“The Bollinger Bands on the monthly chart are the tightest they’ve ever been, indicating a lot of pressure,” says Severino. Bitcoin is still trading below its monthly levels.
According to the researcher, a continuous close below the Bollinger Base Line in a month is usually initiated by “reducing the movement in the following months.”
“This doesn’t prove an immediate slowdown, but it does confirm the idea that time is being broken rather than deciding what’s going on.” As volatility grows from these factors, the consequences are more severe – and the markets do not give enough warning when this increase begins.”
After being transferred GameStop Games His total bitcoin stack of 4,710 bitcoins up to trading platform This week, showing unrealized losses. Severino says the shutdown is not confirmed, but “the move alone was enough to trigger market sentiment, confirming how sentiment affects Bitcoin held by companies.”
At the moment, altcoins are lagging behind Bitcoin, as market capitalization struggles to regain its former support. “Technically, this shows caution rather than concern, as many altcoins remain in various volatile positions.”
However, early changes are starting to appear, he adds. Tier 1, tier 2, and infrastructure related tokens are showing increased strength compared to the altcoin pool.
Levels and events that need to be monitored later
At the time of writing on Wednesday morning, Bitcoin was trading at $76,415. It started the day with a daily high of $78,902. It then dropped slightly to $73,111 daily before rising to its current level.
Over the past week, the price of the currency has fallen by 14.2%. It fluctuated between $73,111 and $90,117.
Failure to maintain the current level will result in a drop to $73,000. after that
The price of Bitcoinit can repeat the areas of $71,200 and $70,050, and possibly fall to the area of ​​$69,000.
At the same time, Ethereum was trading on $2,281. Similar to Bitcoin, ETH saw higher prices earlier in the day, hitting highs on a daily basis $2,326. It then dropped to its lowest level in the afternoon $2,117 Before you jump $2,324 It fixes the floor.
In addition, ETH fell 24.2% For the past seven days, it has been trading in a range $2,120–3,034.
If the decline continues, ETH will retest the rate $2,100followed by $2,030that’s it $1,950.
Ethereum (ETH)
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In addition, the recent decline has caused the cryptocurrency market to fall into territory Very scared Very seriously.
The pointer stops Fear and greed Crypto on 14 Today, in comparison17 Same time yesterday. This is the lowest level recorded since late November 2025.
These sentiments reflect volatility and volatility in the market, in addition to increasing uncertainty. Yesterday’s slight increase in prices did little to ease concerns among market participants.
Stock index of ETFs
Despite starting the week with positive entries, US Bitcoin ETFs returned to the red on Tuesday, recording significant gains. $272.02 million. Net traffic fell to $55.3 billion.
Of the twelve ETFs, one posted positive inflows, while seven saw outflows. I received it Black Rock $60.03 million on February 3.
On the other hand, I drew Loyalty The largest negative flow rate was $148.7 million. Followed by ARC is 21 Shares At a cost of $ 62.5 million.
However, U.S. Ethereum broke the losing streak by a small amount of $ $14.06 million Tuesday. Total traffic rose slightly to $11.99 billion.
Of the nine Ethereum ETFs, four recorded entries and two recorded exits. Black Rock It tops the green list with a good run of $42.85 million. Followed by Grayscale Mini Trust with $19.12 million.
Immediately, he stopped Loyalty About $54.84 million, followed Van Eyck It’s a negative move of $2.47 million.
In it, Cathie Wood of Ark Invest continued to buy During the market crash. His ETFs bought another $3.25 million worth of shares from Bitmain Immersion Technologiesin addition to $2.4 million from Circle Internet Group, according to the filing. In addition, Ark purchased approximately $3.5 million from Polish That’s $630,606 from Quinbis.
When we say this, Bitmine CEO Tom Lee defended the move’s criticism The lowest price of Ethereum Company shares. The comments accused the company of sitting on unrealized losses and leading to future sales.
Lee responded, however, that the loss of paper is like a public car built to reflect the value of Ethereum on the market as a whole. The company’s goal is long-term success and not trying to cut corners.
Quick Questions
- Did cryptocurrencies move with stocks today?
The digital currency market recorded a decline in the last 24 hours. Also, after a big rise, the US stock market closed Tuesday’s session lower. At the close of trading on February 3, the index fell The value of the S&P500 With 0.84%, the index fell Nasdaq-100 With 1.55%, the index decreased Dow Jones Industrial Average It is 0.34%.
- Is this decline sustainable?
Without a stable base that allows the market to recover, prices are likely to continue to fall. According to the current indicators, the decline in prices will continue, at least in the short term.
A note Why is digital currency down today? – February 4, 2026 appeared for the first time Cryptonews Arabic.
