📌 TOPINDIATOURS Update crypto: Why Is Crypto Up Today? – February 3, 2026 Hari Ini

After several days of notable decreases, the crypto market is up today. It increased by 2.5% over the past 24 hours to $2.72 trillion, still unable to return above $3 trillion. Moreover, 95 of the top 100 coins appreciated in this timeframe. Also, the total crypto trading volume stands at $160 billion.

Crypto Winners & Losers

On Tuesday morning (UTC), all top 10 coins per market capitalisation have seen their prices rise.

Bitcoin (BTC) appreciated by 2.8%, now changing hands at $78,533.

Ethereum (ETH) is up 4.3%, now trading hands at $2,318. This is the second-highest rise in the category.

The biggest increase is 4.5% by Lido Staked Ether (STETH), currently standing at $2,319.

Dogecoin (DOGE)’s 4% is next, climbing to $0.1068.

The smallest increase among the top 10 is 0.3% by Tron (TRX), changing hands at $0.2833.

Furthermore, of the top 100 coins per market cap, 95 have posted price increases today.

Four of these saw double-digit increases, the highest of which is Hyperliquid (HYPE)’s 22.6% to $37.

It’s followed by Kinetiq Staked HYPE (KHYPE), with a 22.4% rise to $37.

On the other hand, the only two coins that recorded drops above 1% are Monero (XMR) and Zcash (ZEC). They’re down 5.6% and 4.7% to $374 and $288.

Meanwhile, the US crypto market structure legislation failed to pass the US Senate, as there was no agreement on allowing exchanges to offer yield or rewards on stablecoins.

The Monday meeting saw crypto industry groups, exchange representatives, and Wall Street bankers coming together for a discussion.

According to people familiar with the matter, White House wants the participants to reach a compromise on stablecoin yields by the end of this month.

‘Defining Potential Downside Boundaries’

The January 2026 Nonfarm Payrolls report in the US, scheduled for release this Friday, has been postponed due to a partial US government shutdown.

Bitunix analysts argue that delayed nonfarm payrolls data and manufacturing weakness weigh on risk assets. “Markets have clearly shifted into a phase where risk-off sentiment and deleveraging are occurring simultaneously,” they write.

Also, Nick Forster, Founder onchain options platform Derive.xyz, commented on “a bloodbath across crypto markets over the past few days.”

A combination of thin liquidity, profit-taking, and large-scale liquidations seems to be driving the selloff. This led to BTC volatility surging more than 50% from 30% on Thursday to 45%.

At the same time, BTC skew plunged from -2% to -8%, before recovering modestly to -4%, which is “a clear sign that traders aggressively scrambled for downside protection,” Forster says.

“Broader macro concerns are compounding crypto’s weakness,” he adds. “Fears around an overheated tech sector, highlighted by Microsoft’s 10% drop last week, and lingering unease over AI-driven exuberance are weighing heavily on high-beta assets.”

“Options markets are beginning to define potential downside boundaries,” he says. Based on recent flow and open interest, BTC support is forming around $70,000.

The past 24 hours have seen heavy put buying across the $78,000-$74,000 strikes for the 27 February expiry. “Open interest for this tenor shows a notable concentration between $70,000 and $75,000, signalling where traders are bracing for further downside.”

Short-term fear dominates market psychology. Near-dated volatility is trading well above longer-dated levels, reflecting “acute uncertainty in the immediate term,” Forster says.

He continues: “Importantly, while short-dated vols have surged far beyond historical norms, longer-dated volatility remains comparatively anchored. This suggests that markets expect the uncertainty to fade over a 60+ day ho…

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🔗 Sumber: cryptonews.com

📌 TOPINDIATOURS Hot crypto: XRP Price Under Pressure: ETF Outflows, Holder Losses,

XRP continues to struggle as selling pressure keeps the token locked in a month-long downtrend heading into February. A recent sharp pullback has reinforced bearish sentiment, weighing on both spot markets and related investment products.

The weakness has also carried over into XRP exchange-traded funds (ETFs), where flow volatility highlights lingering investor caution. Nevertheless, signs of stabilization are appearing beneath the surface, which would determine whether XRP price will further downside or recover.

XRP ETFs Are Yet To Do Better

Spot XRP ETFs posted net outflows of $404,690 on Monday despite closing the previous week on a positive note, recording $16.79 million on Friday. The improvement in ETF flows was reversed as this week began, signaling a comeback of selling pressure.

The shift shows that the macro bearishness hasn’t disappeared completely yet, given that on Thursday, January 29, XRP ETFs recorded $92.92 million in outflows, the largest since launch. That session coincided with a broader market crash and a 9% drop in XRP price.

Stabilizing flows offer much-needed support for restoring market confidence, a key requirement for any XRP price recovery. However, broader sentiment remains fragile, as doubts about a sustained rebound continue to weigh on investor outlook.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Saturating Losses Could Prevent Sell-Off

On-chain data shows short-term holders facing heavy unrealized losses. The STH Net Unrealized Profit and Loss metric currently sits at -0.38. This marks the deepest loss level since July 2022 and a three and a half year high. This reflects widespread capitulation among recent XRP buyers.

Despite appearing negative, rising STH losses may reduce immediate selling risk. Short-term holders are historically reactive, often selling quickly during profit periods. With losses deepening, selling incentives weaken.

This dynamic can temporarily suppress supply, giving XRP price space to stabilize and attempt a recovery if demand improves.

XRP Price Bounceback Likely

XRP price is trading near $1.62 at the time of writing, sitting below the $1.70 resistance. The altcoin has remained in a steady downtrend since early January. Last week’s 16% decline reinforced bearish structure, keeping XRP below key moving averages and limiting upside momentum.

However, these two factors suggest a short-term rebound remains possible. The first is that the short-term holder losses appear saturated, lowering distribution risk. The second is that momentum indicators show XRP is oversold, increasing the probability of a technical bounce toward $1.79.

The Money Flow Index currently sits near the oversold threshold. A decisive dip into oversold territory often precedes reversals. In a similar setup previously, XRP surged 14% within 48 hours. If broader market conditions remain supportive, a comparable reaction could unfold during this recovery attempt.

However, downside risk persists if bullish momentum fails to materialize. A rejection below $1.70 may expose XRP to renewed selling pressure. Under this scenario, the price could fall to $1.54 or even $1.47. Losing these support levels would invalidate the bullish thesis and extend the ongoing decline.

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🔗 Sumber: www.beincrypto.com