Crypto Market Trend
Date: February 2, 2026
Market Cap 24h Change: 1.79%
Reason: The market has been up by 1.79% because
- Binance's Commitment to Bitcoin: Binance has announced a significant commitment to purchase Bitcoin worth $1 billion as part of its SAFU fund. This move is seen as an effort to stabilize and support the Bitcoin market, boosting investor confidence after recent liquidation concerns. The visibility and size of this purchase provide a positive signal to the market. Learn more about Binance's SAFU fund
- Global Market Recovery: Bitcoin's price has started to rally following a substantial weekend drop, as global markets open with a bullish stance. This general positive trend in the global financial markets is providing a conducive environment for cryptocurrencies to recover, contributing to the optimistic sentiment.
- ETF Inflows Indicate Renewed Confidence: Bitcoin ETF inflows have amounted to $28.7 million, signaling renewed institutional interest after a record losing streak. This influx of funds is seen as a positive development, suggesting that confidence in Bitcoin ETFs is recovering.
Date: February 1, 2026
Market Cap 24h Change: -1.07%
Reason:
The market has been down by -1.07% because:
- Japan Bond Market Instability: The ongoing chaos in the Japanese bond market poses a risk of significant liquidations in Bitcoin, impacting global financial stability, including cryptocurrencies. As Japan moves away from an era of low interest rates, this has broader market implications. Learn more about Japan's economic impact
- Step Finance Breach: A major breach in Step Finance led to $27 million in losses, causing a 90% crash in the STEP token. Such incidents severely undermine investor confidence, contributing to broader market sell-offs. Read more on financial breaches
- Bitcoin and Market Sell-offs: The cryptocurrency market continues to experience sharp declines with extensive liquidations totaling over $2.5 billion, driving the negative sentiment.
Date: January 31, 2026
Market Cap 24h Change: -6.94%
Reason: The market has been down by -6.94% because
- Geopolitical Conflict: The escalation of violence between Israel and Gaza has heightened geopolitical tensions, leading to a risk-off sentiment where investors move away from volatile assets such as cryptocurrencies.
- Surge in Inflation: A significant rise in the Producer Price Index (PPI) indicates persistent inflation, which dismantles the hopes for early rate cuts by central banks. This economic shift reduces appetite for high-risk assets like cryptocurrencies.
- Market Sell-offs: There has been a significant sell-off in key cryptocurrencies, particularly Ethereum and XRP, which are experiencing substantial losses. Bitcoin's resilience is weakening, contributing to accelerated liquidations totaling $2.5 billion. Such trends indicate broad market negativity and reduced investor confidence.
- Investor Flight to Safer Assets: A capital shift towards metals and outflow from crypto funds amounting to $1.80 billion underscores investor desire for perceived stable investments amid market volatility.
Date: January 30, 2026
Market Cap 24h Change: -1.32%
Reason: The market has been down by -1.32% but the reason is not clear.
Date: January 29, 2026
Market Cap 24h Change: -5.05%
Reason: The market has been down by -5.05% but the reason is not clear.
Date: January 28, 2026
Market Cap 24h Change: -0.13%
Reason:
The market has been largely stable.
Date: January 27, 2026
Market Cap 24h Change: 1.30%
Reason: The market has been up by 1.3% but the reason is not clear.
Date: January 26, 2026
Market Cap 24h Change: 2.27%
Reason: The market has been up by 2.27% but the reason is not clear.
Date: January 25, 2026
Market Cap 24h Change: -3.35%
Reason:
The market has been down by -3.35% because:
- Significant Bitcoin ETF Outflows: US-based Bitcoin exchange-traded funds have seen a significant outflow of $1.72 billion over the last five sessions. This substantial withdrawal suggests a decrease in investor confidence, heavily contributing to the observed market downturn.
- Concerns Over Market Depth: Increasing worries about the illusion of market depth in Bitcoin trading are undermining investor confidence. These concerns add to the volatility and instability in the market.
- Bearing Market Sentiment: There is a prevailing cautious sentiment among traders about potential downside risks in key cryptocurrencies, especially Bitcoin and Ether, reflecting broader market apprehensions.
- Hashrate Issues: The reported 60% drop in Foundry USA's hashrate amid a deadly storm adds to Bitcoin's mining concerns, potentially affecting network security and efficiency, which in turn contributes to negative market sentiments.
Date: January 24, 2026
Market Cap 24h Change: -0.17%
Reason:
The market has been largely stable.
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