​​📉 Market Overview

As the market keeps going down, BTC has recorded a 13% drop in a week and nearly lost the $75K support level, while ETH has fallen 23%, losing the $2,200 level. Total crypto market cap has fallen 14% and is now around $2.65T.

Bitcoin: $76,209 -2.9%
Ethereum: $2,213 -8.4%

Last week ETF outflows:
BTC ETFs: $1.5B
ETH ETFs: $327M

Altcoins are mostly in the red, following the majors. However, some have managed to outperform the falling market. HYPE bounced 36% in a week, followed by STABLE up 30% and CC +22%.

Market Cap: $2.67T
Liquidations: $800M
Fear & Greed Index: 14 (Extreme Fear)
Altcoin Index: 29/100

👉 Latest News

- Crypto market cap fell by about $230B in one day.
- Step Finance was hacked for 261,854 SOL (around $30M).
- A senior member of the UAE royal family secretly bought a 49% stake in WLFI for $500M.

👉 Small Cap Gainers

BUTTCOIN1 +75%
Limitless +56%
elizaOS +24%
QuarkChain +21%
Uchain +18%

👉 Recent Funding Rounds

- Flying tulip $25.5M Series A round backed by Amber Group
- Metaplanet $78M Post-IPO round
- Whetstone research $9M Seed round led by Pantera Capital

​​Key Crypto Events This Week🚀

🔹 February 2:
- Turbo: Community chat session #12 live with updates from the ecosystem
- MANTRA: Prop 28 Vote validator set expansion from 33 to 38
- ZetaChain: X Spaces AMA on the universal layer for AI and Web3

🔹 February 3:
- Lido: Fireside chat on Lido V3 stVaults and new staking products
- Axie Infinity: 2026 ecosystem strategy and future roadmap discussion
- Ondo Finance: Roadmap update on tokenized Treasuries and equities with regulatory clarity ahead

🔹February 4:
- Stacks: Townhall on 2026 plans with ecosystem updates and community Q&A
- Venus: New DeFi launching on BNB Chain
- XDC Network: Masternode staking rewards and governance discussion

🔹 February 5:
- Olympus v2: Community call with protocol updates treasury insights and live Q&A
- Helium: Helium-Live
- Zilliqa: Mainnet hardfork enabling Cancun EVM and faster QUIC-based networking

🔹 February 6:
- Berachain: 63.75M Token Unlock (41.70% of supply)
- Hyperliquid: 9.92M Token Unlock (2.78% of supply)

🔹 February 7:
- Infinit: 90.87M Token Unlock (9.09% of supply)

🔹 February 8:
- Sei: V6.3 mainnet upgrade with performance and scalability improvements
- Decred: Treasury policy update approved increasing maximum expenditure limits

Did we miss anything? Reply in comments to let others know! 🔥

Don't miss out on the daily activities in our Community Chat
👉 t.me/CryptoRankEn

Gate Expands TradFi to Web

Gate launched the web version of Gate TradFi, so users can trade on both App and Web with one shared account, including the same funds and open positions.

It is a CFD module that covers forex, metals, indices, commodities, and selected stocks. It uses USDT as collateral with balances shown in USDx, and it’s connected to MT5. Fees can start from $0.018 per trade.

Since launch, Gate TradFi reached over $20B cumulative volume, with peak daily volume above $5B.

The exchange also ran a TradFi Launch Celebration from Feb 2–22 with a $150K reward pool, while the Golden Lucky Bag campaign distributed 1,152g of gold and phase 2 will start soon.

👉 cryptorank.io/exchanges/gate.io

​​ICYMI: Weekend Recap 🗞️

Here's a quick look at the key headlines from this weekend:

Markets & Macro

🇺🇸 A technical partial US government shutdown begins, House Speaker expects resolution by Tuesday
🇦🇪 Abu Dhabi royal backed investor buys 49% of WLFI for $500M in a controversial secret deal
🇮🇷 U.S. imposes sanctions on crypto exchanges tied to Iran for the first time

Projects & Community

🏴‍☠️ Step Finance hacked for 261,854 SOL (~$30M) after treasury wallet compromise
💰 Aster launches strategic reserve buyback dund
⚙️ Lighter launches Lighter EVM

Institutions & Capital

🏦 SoFi Technologies posts record $1B Q4 revenue after crypto product relaunch
📉 BitMine Immersion faces $6B paper loss as ETH sell-off deepens
📊 Tether reports over $10B in net profit last year

Drophunting weekly:

— Infinex - Claim & TGE
— Ronin - Creator program
— Moonbirds - Claim & TGE
— Konnex - Airdrop campaign
— Mezo - Airdrop checker
— Pixie Chess - Beta waitlist
— Mocaverse - Mocaproof beta
— Upshot - Discord roles

Explore other news on CryptoRank:
👉 https://cryptorank.io/news

BitMine’s ETH Treasury Is Deep Underwater

BitMine’s ETH-focused treasury accumulation strategy has resulted in a $6.7B unrealized loss following the latest market correction. With ETH now trading well below the company’s $3,883 average cost, the position is down roughly 40%.

Market expectations remain bearish: Polymarket assigns an 86% probability to ETH falling below $2,000, while 59% expect a move toward $1,500 in 2026.

👉 https://cryptorank.io/price/ethereum

​​$2.0 Billion Worth of Tokens To Be Unlocked in February 🔓

The following notable token unlocks will happen in February:

Rain $359.45M
Zama $81.16M
LayerZero $44.57M
Aster $44.49M
Berachain $31.41M
Stable $27.01M
pump.fun $24.64M
COCA $21.27M
Grass $19.56M
Capx AI $17.60M

👉https://cryptorank.io/token-unlock

​​📈Market Overview

The crypto market is bouncing a bit, following gains in metals and U.S. stocks. However, sentiment remains in extreme fear, as market participants are aware of broader market weakness.

Bitcoin: $78,201 +2%
Ethereum: $2,285 +2%

Monday ETF flows:
BTC ETFs: $562M inflowed
ETH ETFs: $3M outflowed

On this market dip, many perp DEX coins are showing good momentum. HYPE is leading with an 18% gain on HIP-4 news, followed by LIT +11%, ASTER +6%, and JUP +4%.

Market Cap: $2.75T
Liquidations: $332M
Fear & Greed Index: 17 (Extreme Fear)
Altcoin Index: 30/100

👉 Latest News

- Hyperliquid announced HIP-4, enabling prediction and options markets.
- Binance’s SAFU fund bought 1,315 BTC.
- Circle minted 750M USDC.

👉 Small Cap Gainers

clawd.atg.eth +72%
WAR +64%
Limitless +61%
Ninety Eight +43%
Ika (ex. dWallet network) +39%

👉 Recent Funding Rounds

- Tokens.com M&A round backed by Bed Bath & Beyond
- Jupiter $35M Strategic round backed by ParaFi Capital
- Derive Funding round backed by Variant

Bitcoin Now Trades Near Strategy's Entry

As the market keeps moving down, with short-term bounces and no real strength, even institutional players are starting to see negative PnLs.

If Bitcoin drops another 10% in a week, Michael Saylor’s Strategy will join Bitmine in a drowning boat, sitting on around $5.43B in losses.

For now, digital gold is only ~2.8% above Saylor’s average entry, up 0.5% on the day.

Will Strategy’s BTC position land on the leaderboard of the biggest losses ever, or does crypto finally bounce?

👉 cryptorank.io/price/bitcoin

​​Bitget Lists ZAMA on Launchpool

Bitget has launched a new Launchpool campaign featuring Zama (ZAMA). From February 2 to February 5, users can lock BGB or ZAMA to grab a share of 9,350,000 ZAMA.

Zama is a cryptography company dedicated to developing open-source homomorphic encryption tools for developers.

👉 cryptorank.io/price/zama

🚨Update: As Bitcoin turns red again, down 5% in 24H and trading around $75K, Strategy has an unrealized PnL of about -$800M.

​​Solana is yet again the top 1 chain by monthly DEX volume

Solana recorded $117.7B in volume in January, posting a 20% MoM growth and outperforming other chains by a mile.

The network is currently accounting for nearly 35% of the entire on-chain volume.

👉 https://cryptorank.io/price/solana

​​📉 Market Overview

Despite the recovery in metals, crypto is probably following the correction in U.S. stocks, updating yearly lows. Tonight, BTC fell below $73K, while ETH is moving closer to the $2K level.

Bitcoin: $76,465 -2.8%
Ethereum: $2,277 -1.9%

Tuesday ETF flows:
BTC ETFs: $272M outflowed
ETH ETFs: $14M inflowed

Major alts are following the exact same pattern. HYPE is down 10% in a day, despite holding strong through the dip, while SOL is down 23% in a week, trading below $100 for the first time since late February 2024.

Market Cap: $2.70T
Liquidations: $705M
Fear & Greed Index: 14 (Extreme Fear)
Altcoin Index: 32/100

👉 Latest News

- Vitalik Buterin: The original L2 concept no longer makes sense.
- MetaMask to integrate tokenized U.S. stocks, ETFs, and commodities via Ondo Global Markets.
- Tom Lee said Bitmine’s unrealized ETH losses are “not a bug, but a feature.”

👉 Small Cap Gainers

AI Rig Complex +43%
Synapse +36%
BUTTCOIN1 +29%
ETHGAS +29%
REI +25%

👉 Recent Funding Rounds

- Bluff $21M Strategic round led by 1kx
- Kairos $2.5M Funding round led by Andreessen Horowitz (a16z crypto)
- Tokens.com M&A round backed by Bed Bath & Beyond

Tether's Market Cap Surge Threatens Ethereum's #2 Crypto Ranking

Tether is surging as the stablecoin sector grows, while Ethereum and the broader crypto market face bearish conditions. This dynamic is rapidly narrowing the gap between Tether and Ethereum's market caps.

Given the clear trend favoring stablecoins in recent years, Tether could potentially flip Ethereum to become the second-largest cryptocurrency by market cap.

👉 cryptorank.io/price/tether

​​TRON hit a major milestone, reaching 100M monthly active addresses.

Since January 2025, TRON has seen nearly 50% growth in active addresses.

Other metrics climbed as well – the stablecoin market cap reached a record $84.5B, while network transactions hit a new ATH of 342M.

👉 https://cryptorank.io/price/tron

📉 Market Overview

Crypto lost another 6% of total market cap in a day as Bitcoin moved closer to the $70K level, down 19% on the week. Sentiment is back near extreme-fear lows, almost matching November’s readings.

Bitcoin: $71,021 -7%
Ethereum: $2,104 -7.2%

Wednesday ETF outflows:
BTC ETFs: $172M
ETH ETFs: $21M

Among large-cap alts, only LIT and HYPE are up 3% on the day, everything else is in the red, led lower by ZEC, down 13%, followed by MORPHO -12% and NEXO -11%.

Market Cap: $2.54T
Liquidations: $854M
Fear & Greed Index: 12 (Extreme Fear)
Altcoin Index: 23/100

👉 Latest News

CME plans to launch “CME Coin.”
Trump signed a bill officially ending the shutdown.
Vitalik Buterin has sold 2,961.5 ETH (about $6.6M) over the past three days at an average price of $2,228.

👉 Small Cap Gainers

Fanable +22%
WAR +21%
Codatta +16%
我踏马来了 +15%
World Mobile Token +14%

👉 Recent Funding Rounds

- Chorus one M&A round backed by Bitwise
- Opinion labs $20M Pre-Series A round backed by Hack VC
- Trm labs $70M Series C round led by Blockchain Capital

Market Recap: January 2026

Last month, the market was turbulent. Here are the key outcomes:

- Gold, silver, and S&P500 outperformed crypto
- RWAs and predictions can't stop growing
- Altcoins struggling

These and other topics covered in our traditional monthly research.
👉 https://cryptorank.io/insights/reports/crypto-market-recap-january-2026

🚨 Just in: Bitcoin is now trading below $70,000 for the first time since November 2024.

👉 cryptorank.io/price/bitcoin

A $6 Billion Bet: Prediction Markets Prove Their Worth

Total trading volume across prediction markets reached $6.32 billion in January 2026. Kalshi leads the pack with $2.19B in weekly volume, followed by Polymarket at $2.08B and Opinion at $1.74B.

👉 сryptorank.io/prediction-markets

​​While Markets Panic, DeFi Fundamentals Stay Strong

Aave holds over $22.6 billion in outstanding loans, more than Klarna and Affirm combined.

👉 https://cryptorank.io/price/aave

​​Fear & Greed Index Returned to Level Seen During FTX Collapse

The massive market sell-off pushed the Fear & Greed Index to its lowest level, previously observed only during major negative market events. Notably, there was no single identifiable catalyst behind the decline, suggesting the move reflects broader market overheating rather than a structural failure.

👉 cryptorank.io/charts/fear-and-greed