🔮Feb 2nd 2026: Today's cryptocurrency market is experiencing a sharp downturn, with the total market cap dropping 2.9% over the past 24 hours to around $2.65 trillion. Bitcoin has fallen over 3% to below $76,000, while Ethereum led losses with a 7% decline to under $2,300, amid high trading volume near $199 billion.
Key Price Movements Bitcoin (BTC): Down ~3% to $75,700 intraday low, entering technical bear territory after a 40% correction from its $126,000 peak.Ethereum (ETH): Sharpest drop at 7%+ to ~$2,300, with altcoins broadly declining 30-50% from recent highs.Market-wide: 91 of top 100 coins in the red; Fear & Greed Index at extreme fear (14).
Top News: Highlights Record liquidations: $2.56 billion on Jan 31 (90% longs), highest since Oct 2025 crash, signaling deleveraging amid Middle East tensions and U.S. shutdown uncertainty.Bear market confirmation: BTC's 40% pullback from highs, weighed by low liquidity, ETF outflows, and macro pressures like hawkish Fed rhetoric.Upcoming events: Token unlocks exceed $200-300M this week; White House crypto-bank talks; Uniswap auction launch; Trump Media token record date.#StrategyBTCPurchase #AISocialNetworkMoltbook #Shazaan #ShazaanHazenax
