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Day: February 3, 2026
Bitcoin May Continue to Fall as No Catalysts Appear: Galaxy
Bitcoin could continue its downtrend as there are few catalysts to reverse the cryptocurrency’s fortunes, says Galaxy Digital research lead Alex Thorn. Thorn said in a note on Monday that there is a “significant chance” that over the coming weeks, Bitcoin (BTC) could fall to the bottom of a gap in supply at $70,000 before testing its realized price of $56,000, the average cost of all BTC in circulation. “Catalysts remain hard to find and narratives are also working against Bitcoin as it fails to trade along with gold and…
XRP Tops All Assets On Risk/Reward, Analyst Says
XRP sits at a crossroads. Trading around the $1.6 area after a steep run higher and a later pullback, the token now rests on a weekly support band that traders are watching closely. According to crypto analyst Scott Melker, this is one of the cleaner risk/reward setups in crypto right now — a small stop can limit losses while a bounce could offer meaningful gains. Related Reading Support Zone Holds The Key Based on reports, the zone around $1.55 to $1.60 is important. It lines up with the midpoint of…
Bitcoin price eyes rebound as spot BTC ETFs return
Bitcoin price edged higher on Feb. 3 after days of heavy selling, as pressure from forced liquidations faded and fresh capital returned to U.S. spot Bitcoin exchange-traded funds. Summary Bitcoin rebounded after dipping to its lowest levels since April 2025. Spot Bitcoin ETFs recorded their first net inflows in five sessions. Technical indicators suggest short-term relief, not a confirmed reversal. Bitcoin was trading at $78,659 at the time of writing, up 3.8% from the previous day. The move comes after a severe decline that dragged prices to around $75,400, levels…
MSTR Today: HUGE Bitcoin buy for Michael Saylor and Strategy…will they ever stop?
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Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test
Solana failed to settle above $112 and extended losses. SOL price is now recovering above $102 but faces many hurdles near $108 and $110. SOL price started a decent recovery wave above $100 and $102 against the US Dollar. The price is now trading below $110 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $108 and $110. Solana…
Supply in Loss Rises Above 40%
Bitcoin slipped below the $80,000 level over the weekend as selling pressure intensified across global markets. Reinforcing a climate of uncertainty that has weighed heavily on risk assets in recent weeks. The move came amid broad weakness in equities, elevated volatility, and declining liquidity conditions, pushing many investors into a defensive posture. While the price action alone may resemble prior corrective phases, on-chain data suggest that the underlying market structure is beginning to change. A recent analysis from CryptoQuant indicates that Bitcoin is starting to exhibit characteristics historically associated with the early stages…
HYPE Rises 20% After Hyperliquid Backs Prediction Markets
HYPE gained double digits on Monday after the team behind HyperCore, the core infrastructure powering Hyperliquid’s layer-1 network, said it will support the HIP-4 proposal to expand into prediction markets. The integration would allow fully collateralized contracts on Hyperliquid, the largest decentralized perpetual futures crypto platform, enabling traders to wager on political elections, sports and other markets. In an X post on Monday, Hyperliquid said the support was driven by “extensive user demand” for prediction markets and bounded options-like instruments, while adding that HIP-4 could allow other novel applications to…
First Batch Complete: Binance Starts Executing a $1B Bitcoin Buying Plan
Binance has begun shifting its $1 billion user protection fund into bitcoin, converting stablecoin reserves as part of a broader move to anchor SAFU in what it calls crypto’s most durable asset. Binance Begins $1B Bitcoin Accumulation Plan With First $100M Allocation Crypto exchange Binance shared on social media platform X on Feb. 2 that […] Original
XRP Price Weakness Persists With Bears Eyeing A New Leg Lower
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…