The global crypto market cap reached $2.73 trillion on Feb 3, up 1.5% in 24 hours, with total trading volume hitting $198.8 billion. Bitcoin dominance stands at 57.7%, Ethereum at 10.4%. BTC trades at $78,832.99 (up 1.34%), ETH at $2,347.3 (up 1.68%).
STX Leads Gainers; PUMP and XMR Slide
Stacks (STX) surged 14.04% to $0.2958, with $40.33 million in volume. MemeCore (M) jumped 13.65% to $1.48, and Kaia (KAIA) gained 11.58% to $0.06166. Zilliqa (ZIL) outperformed with a 24.41% spike to $0.005119. Dogelon Mars (ELON) rose 9.38%, emerging as a trending asset.
On the losing side, Pump.fun (PUMP) dropped 7.93% to $0.002377, Monero (XMR) slipped 7.74% to $382.94, and Story (IP) fell 9.74% to $1.43.
Fear & Greed Still in Extreme Fear
The Crypto Fear & Greed Index is at 17 (Extreme Fear), up from 14 yesterday but far below 29 last week. Persistent price declines, weak volumes, and negative sentiment keep fear elevated despite minor stabilization.
Coinbase Adds DEEP and WAL to Listing Roadmap
Coinbase announced it has added DeepBook (DEEP) and Walrus (WAL) to its asset listing roadmap. Trading will begin once technical readiness is confirmed.
Galaxy Digital Warns Bitcoin Drift Risk
Alex Thorn of Galaxy Digital cautioned that Bitcoin could drift toward $58,000, noting 46% of supply is underwater, the gold correlation is fading, and $56,000-$58,000 remains a historic support zone.
ETF Holders Face Unrealized Losses
U.S. spot Bitcoin ETF investors have an average entry near $84,100, conflicting with current prices around $79,000. Weak inflows and liquidity conditions exacerbate paper losses.
On the macro front, President Trump agreed with India's PM Modi to cut U.S. tariffs on Indian goods to 18%, while India halts Russian oil purchases and boosts U.S. imports. Trump also denied knowledge of a reported UAE investment in his family's crypto firm, stating relatives handle it, and reiterated crypto support to counter China.