@robitrader
Crypto Market Key News β Today (Feb 2, 2026) π¨π
Bitcoin rebounded above $76,000 after a sharp drop below $75,000, but it remains under heavy pressure due to massive liquidations and thin liquidity. The risk of further downside toward lower levels is still on the table. β οΈ
Ethereum dropped more than 6β7%, breaking below $2,300. It was the worst-performing major asset and triggered widespread liquidations. π»
Total liquidations in the past 24 hours exceeded $2.5 billion, showing how leveraged selling has heavily impacted the market. π₯
The overall crypto market remains bearish. Only the SocialFi sector (e.g., TON, CHZ) showed relative strength, while Layer 2, DeFi, and Meme coins continued to decline. π»
Some tokens moved against the trend, including zkSync (+13%), MYX Finance (+14%), and Ultima (+19%), highlighting selective opportunities amid the chaos. π―
Extreme fear dominates the market (low Fear & Greed Index), though some analysts see this as a potential signal for a strong rebound. π¨β‘οΈπ
Macro concerns, including Federal Reserve uncertainty and geopolitical tensions, added extra pressure on risk assets. π
π₯ Community Hot Takes:
Massive liquidations and the BTC/ETH crash have filled crypto Twitter with βthe market is deadβ screams and classic bear-market memes.
Heated debate continues: is this the deepest pullback of the cycle or the start of a new bear market? Some believe whales are quietly accumulating. π
π Market Snapshot:
Bitcoin: $76,000 (24h: -4% to -5%)
Ethereum: $2,280 (24h: -6% to -7%)
Total Market Cap: $2.6T (24h: -3% to -4%)
Source: RobiTrader.com