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Why Is Crypto Down Today? – February 4, 2026
Yahoo Finance· 2026-02-04 12:08
Market Overview - The crypto market cap has decreased by 2.3% to $2.66 trillion, with 64 of the top 100 coins experiencing price drops [5][6] - Bitcoin (BTC) has fallen by 2.9% to $76,415, while Ethereum (ETH) has decreased by 1.7% to $2,281 [5][4] - The total crypto trading volume is reported at $160 billion [6] Performance of Specific Coins - Cosmos Hub (ATOM) and PAX Gold (PAXG) are among the best performers, increasing by 4.4% and 3.5% to $2.09 and $5,106 respectively [2] - Dogecoin (DOGE) and Figure Heloc (FIGR_HELOC) saw minor increases of 0.3% and 0.2% [3] - Solana (SOL) experienced the largest drop at 6.5%, trading at $97.8 [3] Market Sentiment and Trends - The crypto fear and greed index has dropped to 14, indicating extreme fear among market participants, the lowest level since late November 2025 [12] - Market analysts suggest that current conditions reflect a phase of compression rather than a clear trend, indicating that patience and risk management are crucial for investors [8][9] ETF Activity - US spot Bitcoin ETFs recorded outflows of $272.02 million, while Ethereum ETFs saw minor inflows of $14.06 million [13][14] - Ark Invest continued to purchase assets during the downturn, acquiring approximately $3.25 million of Bitmine Immersion Technologies and $2.4 million of Circle Internet Group [16] Technical Analysis - Bitcoin is currently trading within a tight range, with Bollinger Bands indicating extreme volatility compression [9] - Analysts warn that sustained closes below the monthly Bollinger basis could precede significant market movements in the future [9]
Crypto Billionaire Justin Sun Accused Of Market Manipulation To Inflate Tron Token By 'Ex-Girlfriend' - 'Have A Substantial Amount Of Evidence'
Yahoo Finance· 2026-02-03 20:31
A woman claiming to be Justin Sun’s ex-girlfriend alleged on Sunday that the cryptocurrency billionaire manipulated the market to pump the price of his Tron (CRYPTO: TRX) token. Serious Allegations Against Tron Founder Zeng Ying, describing herself as a finance blogger and a “Crypto OG,” said she was in a relationship with Sun back in the early days of Tron, the Layer-1 blockchain he founded in July 2017. Zeng said Sun used the identities and mobile phones of multiple employees in Beijing to operate seve ...
Why Is Crypto Up Today? – February 3, 2026
Yahoo Finance· 2026-02-03 11:54
Market Overview - The crypto market cap increased by 2.5% to $2.72 trillion, with 95 of the top 100 coins experiencing price increases [5][4] - Bitcoin (BTC) rose by 2.8% to $78,533, while Ethereum (ETH) gained 4.3% to $2,318 [4][5] - The total crypto trading volume reached $160 billion [5] Legislative Developments - US crypto market structure legislation failed to pass the Senate due to disagreements on stablecoin yield offerings [1] - The White House is seeking a compromise on stablecoin yields by the end of the month [5][4] Price Movements - Among the top 10 coins, all saw price increases, with notable gains from Lido Staked Ether (STETH) at 4.5% and Ethereum (ETH) at 4.3% [2][3] - Monero (XMR) and Zcash (ZEC) were the only coins to drop, down 5.6% and 4.7% respectively [1] Market Sentiment - The crypto fear and greed index decreased to 17, indicating extreme fear among market participants [15] - Traders are preparing for potential downside, with significant put buying observed around the $78,000-$74,000 strikes [10][7] ETF Flows - US Bitcoin spot ETFs saw inflows of $561.89 million, while Ethereum ETFs experienced outflows of $2.86 million [16][17] - Fidelity led Bitcoin ETF inflows with $153.35 million, while BlackRock faced negative flows of $82.11 million in its Ethereum ETF [16][17] Technical Analysis - Bitcoin's support is forming around $70,000, with critical resistance at $80,000 [9][13] - Ethereum is nearing a potential drop below $2,000, but could recover if it holds the $2,350 zone [14]
3 Altcoins Facing Major Liquidation Risks in the First Week of February
Yahoo Finance· 2026-02-02 17:00
Core Insights - The crypto market is experiencing a battle between bulls and bears, with bears currently holding the advantage but bulls identifying potential opportunities, leading to increased price volatility and liquidation losses for both Long and Short positions [1] Group 1: Solana (SOL) - In early February, SOL briefly fell below $100 due to negative market pressure, with a 7-day liquidation heatmap indicating that Short positions dominate [2] - The price around $100 is a critical support level for SOL, and increased leverage at this level poses significant risks [3] - A surge in new Solana addresses, exceeding 10 million daily in January, indicates user growth, while several factors such as meme coin launchpads and the expansion of the USD1 stablecoin may support a recovery [3][4] - If SOL rebounds above $113, Short liquidations could reach $500 million, while a drop towards $86 could result in over $142 million in Long liquidations [5] Group 2: Hyperliquid (HYPE) - HYPE has maintained a 50% rally since the January 21 bottom, contrasting with most altcoins that are setting new lows [6] - The liquidation map for HYPE shows a balanced situation between Longs and Shorts, with potential Short liquidations of around $80 million if the price moves to $35.5, and similar Long liquidations if it drops to $26 [6] - HYPE's price resilience against broader market trends indicates risk, compounded by strong capital outflows and insufficient market liquidity [8] - Catalysts for HYPE include a 90% reduction in monthly team allocations and demand for trading metal pairs, which have supported the token's price [8]
Justin Sun swoops to buy $100 million of bitcoin as rest of the market bleeds
Yahoo Finance· 2026-02-02 10:17
Justin Sun plans to add between $50 million and $100 million worth of bitcoin (BTC) to the blockchain's holdings, the Tron founder told CoinDesk. Bitcoin fell as low as $74,674 during the Asian morning on Monday, its lowest point since last April with BTC now having lost 21% of its value since Jan. 15. It would mark as astute purchase in comparison to the hoards of digital asset treasury (DAT) companies that raised money to purchase crypto at record highs last year, many of which are now facing losses o ...
Why Is Crypto Up Today? – January 28, 2026
Yahoo Finance· 2026-01-28 12:32
Market Overview - The cryptocurrency market capitalization increased by 2.2% over the past 24 hours, reaching $3.12 trillion, with 90 of the top 100 coins experiencing price increases [1][2] - The total crypto trading volume is reported at $128 billion [1] Price Movements - Bitcoin (BTC) rose by 1.7%, currently trading at $89,419, while Ethereum (ETH) increased by 3.8% to $3,020 [2][3] - Among the top 10 coins, 9 have seen price appreciation, with Binance Coin (BNB) showing a 3.4% increase to $905 [3][4] - Tron (TRX) is the only coin in the top 10 that experienced a decline, down 0.7% to $0.2921 [4] Notable Performers - Hyperliquid (HYPE) is the highest gainer of the day, with a significant rise of 25.3% to $34.62 [4] - Canton (CC) follows with a 9.4% increase to $0.1655 [4] - On the downside, River (RIVER) fell by 9.3% to $54.55, and Provenance Blockchain (HASH) decreased by 7.6% to $0.02531 [4] Market Sentiment and Future Outlook - The crypto market sentiment has improved but remains in the fear zone [2] - Bitwise Chief Investment Officer Matt Hougan emphasized that the crypto market has a critical three-year window to demonstrate real-world utility, or it may face challenges due to legislative uncertainties in the US [6]
Why Is Crypto Up Today? – January 27, 2026
Yahoo Finance· 2026-01-27 12:01
Market Overview - The cryptocurrency market capitalization is largely unchanged, currently at $3.05 trillion, with a slight increase of 0.1% over the past 24 hours [5] - 77 of the top 100 coins have posted price increases, indicating a mixed performance across the market [5][4] - Bitcoin (BTC) is trading at $87,702, having decreased by 0.1%, while Ethereum (ETH) rose by 0.3% to $2,901 [4][10] Price Movements - River (RIVER) experienced a significant drop of 32.6%, reverting nearly all gains from the previous day, now priced at $58.14 [2] - Provenance Blockchain (HASH) saw a notable increase of 19.3%, reaching $0.02739, while Hyperliquid (HYPE) rose by 22.6% to $27.28 [2] - Among the top 10 coins, Solana (SOL) had the highest increase at 1%, currently priced at $123, while Tron (TRX) fell by 0.3% to $0.2942 [3] Investor Sentiment - The crypto market sentiment remains in the fear zone, with the fear and greed index at 29, unchanged from the previous day [12][13] - Investors are currently favoring traditional safe-haven assets due to rising geopolitical risks, leading to a defensive stance among both retail and institutional crypto investors [6][4] ETF Activity - US BTC spot ETFs broke a five-day outflow streak, recording inflows of $6.84 million, bringing total net inflows to $56.5 billion [13][14] - In contrast, US ETH ETFs outperformed BTC ETFs with inflows of $116.99 million, breaking a four-day red streak, resulting in total net inflows of $12.42 billion [15][16] Technical Analysis - The $90,000 level for Bitcoin is identified as a psychological battleground, with resistance now at the $90,500-$91,200 zone [11][9] - If Bitcoin falls below $86,400, it could drop to $84,400, while a move above $90,500 could lead to prices reaching $89,500, $90,500, $93,300, and $95,500 [11] - Ethereum's price movements indicate that a rise above $2,950 could push it back above $3,000, while a drop could lead to levels between $2,750 and $2,850 [12]
Why Is Crypto Down Today? – January 26, 2026
Yahoo Finance· 2026-01-26 12:28
Core Insights - The UK Financial Conduct Authority (FCA) is in the final stage of consultations on proposed crypto regulations, seeking feedback on 10 rules to enhance market trust and competitiveness [1] - The cryptocurrency market capitalization has decreased by 0.8% to $3.05 trillion, with 93 of the top 100 coins experiencing price drops [5][4] - Macro uncertainty has led to over $550 million in crypto liquidations, impacting major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) [4][6] Market Performance - Bitcoin (BTC) is currently trading at $87,860, having fallen by 0.7%, while Ethereum (ETH) is at $2,892, down 1.5% [4][11] - Over the past week, BTC has decreased by 5.1%, and ETH has fallen by 9.2%, indicating a broader trend of declining prices in the crypto market [10][12] - The crypto fear and greed index has dropped to 29, reflecting a sentiment shift towards fear in the market [13][14] Regulatory Developments - The FCA's proposed regulations aim to create a more open and sustainable crypto market, marking a significant step in regulatory oversight [1] - Japan is expected to approve its first set of spot crypto ETFs by 2028, indicating a potential shift in regulatory stance towards cryptocurrencies [17] Investment Trends - Recent outflows from US spot BTC and ETH ETFs totaled $103.57 million and $41.74 million respectively, marking the fifth consecutive day of negative flows [14][15] - The total net inflow for BTC ETFs has decreased to $56.49 billion, while ETH ETFs stand at $12.3 billion [15][14] Market Sentiment - The current market sentiment is characterized by caution and fear, with investors shifting towards safer assets amid heightened geopolitical tensions and macroeconomic pressures [6][8][14] - Traditional commodities have seen a rally, contrasting with Bitcoin's underperformance, suggesting a divergence in asset class responses to current market conditions [7][6]
Why Is Crypto Down Today? – January 19, 2026
Yahoo Finance· 2026-01-19 10:59
Market Overview - The cryptocurrency market capitalization has decreased by 3% over the past 24 hours, now standing at $3.21 trillion, with 95 of the top 100 coins experiencing price declines [6][5][12] - Bitcoin (BTC) has dropped by 2.7% to $92,532, while Ethereum (ETH) is down 3.6% to $3,192 [5][10] Price Movements - BTC began the day at $95,000, reaching an intraday high of $95,467 before falling to a low of $92,263 [9] - ETH traded between $3,089 and $3,379, with a current price of $3,192 [11][10] Market Sentiment - The crypto fear and greed index has fallen from 50 to 49, indicating market uncertainty [12] - Market participants are awaiting macroeconomic and geopolitical signals to guide near-term movements [12] Investment Trends - Newrez, a mortgage lender, will allow specific crypto holdings, including Bitcoin and Ether, to be used as qualifying assets in its mortgage underwriting process [2][5] - Steak 'n Shake has purchased $10 million of BTC for its treasury, marking its first direct allocation since accepting crypto payments [15][16] ETF Flows - US BTC spot ETFs recorded outflows of $394.68 million, while ETH spot ETFs saw inflows of $4.64 million [5][14] - Among twelve BTC ETFs, only one posted positive flows, while four recorded outflows [13] Future Projections - Analysts suggest that BTC may see further downside unless buyers step in, with strong support around $88,000 [8][6] - A close above $104,000 would indicate the start of Wave V in the current bull run, while a drop below $80,000 could lead to a decline towards the low $70,000 range [7][5]
Elon Musk's One Hour Worth $30 Million? Crypto Billionaire Justin Sun Says He's 'Willing To Pay'
Benzinga· 2026-01-19 03:54
Core Viewpoint - Justin Sun, founder of Tron, expressed his willingness to pay $30 million for a one-hour private conversation with Elon Musk, highlighting his admiration for Musk's influence and achievements [1][2]. Group 1: Financial Implications - The $30 million Sun is willing to pay represents only 0.35% of his estimated net worth of $8.5 billion, indicating that for billionaires, such amounts are relatively minor [3]. - For Elon Musk, the same amount constitutes a mere 0.008% of his estimated wealth of $342 billion, further emphasizing the financial insignificance of the sum for individuals in this wealth bracket [3]. Group 2: Personal Admiration and Influence - Sun has publicly praised Musk's vision and business decisions, including Musk's acquisition of Twitter, now known as X [4]. - Sun has referred to Musk as a "role model" and aims to emulate his "innovation and determination" within the cryptocurrency industry [4].