Crypto Market Today (Feb 1st, 2025): Bitcoin Price Dips to $102k | Fear & Greed Index Drops From Greed!

The crypto market today underwent a minor turn to the south, with the market cap slipping by 0.71% to $3.52 trillion. Despite the dip, trading volume surged 22.11%, reaching $123.35 billion, indicating maintained investor activity. The Fear & Greed Index has cooled to 54, shifting to a Neutral stance from yesterday’s Greed sentiment, suggesting a more cautious market approach.

Bitcoin Drops to $102k, Faces Selling Pressure?

Bitcoin has witnessed a 1.73% price decline over the last 24 hours, currently changing hands at $102,483.63. Its market cap has slipped 1.78% to $2.03 trillion. Meanwhile, BTC’s dominance remains strong at 57.6%. Talking about volumes, the 24-hour trading volume for Bitcoin jumped 17.58% to $44.32 billion, indicating active buying and selling despite the downturn.

Explore our in-depth Bitcoin Price Prediction 2025, 2026-2030 to understand BTC’s next potential move.

Altcoins Today: ETH Spikes, While SOL & XRP Slip

Ethereum posted a 1.77% gain, climbing to $3,298.15, while Solana and XRP declined by 1.81% and 1.06%, respectively. The altcoin market remains in flux, with some assets posting gains while others struggle amid Bitcoin’s correction.

For expert insights, check out our Ethereum Price Prediction 2025, 2026-2030 to see where ETH is headed next.

Top Gainers: Qtum Leads the Market

• QTUM: Surged 40% to $3.98, leading today’s market rally.
• PENGU: Rose 13% to $0.01639.
• LDO: Climbed 12% to $2.30.

Top Losers: Fartcoin Leads the Declines

• FARTCOIN: Dropped 14% to $0.8936.
• MELANIA: Fell 10% to $1.84.
• SPX6900: Declined 8% to $1.17.

Subscribe to stay tuned for daily updates on the latest market trends and insights!

FAQs