Major Crypto Losers Today: Significant Price Drops Across The Market

Which Crypto Losers Are Impacting the Market Sentiment Today?

This is a daily crypto market update blog for February 02, 2026. It highlights the top 5 crypto losers of today that saw major price falls. This blog provides information about the latest price, 24-hour and 7-day movements, along with the reasons of the price fall. 

Today’s blog covers Kaspa (KAS), Nexo (NEXO), Monero (XMR), Ethereum (ETH), and Tether Gold (XAUt). It will help investors track daily market updates in one place at a glance.

Kaspa ($KAS) Price Drop: Latest News and Market Update

KAS Current Price: $0.03011
Market Cap: $ 828,53
Market Rank on CoinMarketCap: 64
24 hours Price Movement: Price down by 7.66 (24hr)
7 days Price Movement: Price down by 24.16% (7d)

Source: CoinMarketCap

According to the CoinMarketCap website, KAS currently trading near $0.03011. The price has dropped by 7.66%  in the last 24 hours as compared to the previous levels. In the last 24 hours, KAS price made a low of $0.02952

Why Kaspa ($KAS) is Among the Top Crypto Losers Today? 

• Technical breakdown: KAS dropped below key support levels and moving averages. A low RSI shows strong selling, and many stop-loss orders were triggered as the price kept falling.

• Negative trader sentiment: Many traders noticed bearish patterns and prices getting rejected at resistance. This created fear in the market and pushed more holders to sell fast.

• Weak market mood: The overall crypto market is in extreme fear right now. So even strong altcoins are falling more than Bitcoin, and KAS is under extra pressure because of this.

Nexo (NEXO) Price Drop: Latest News and Market Update

NEXO Current Price: $0.7961
Market Cap: $511.52M
Market Rank on CoinMarketCap: 78
24 hours Price Movement: Price down by 4.23% (24hr)
7 days Price Movement: Price down by 12.95% (7d)

Source: CoinMarketCap

According to the CoinMarketCap website, NEXO is currently trading near $0.7961. The price has dropped by 4.23% in the last 24 hours as compared to the previous levels. In the last 24 hours, NEXO price made a low of $0.7015 

Why Nexo (NEXO) Became One of the Biggest Crypto Losers Today? 

• Regulatory pressure: California fined Nexo for old unlicensed lending issues. Even though this happened earlier, it raised regulatory fears again and reduced investor confidence, causing fresh selling.

• Weak price chart: NEXO is trading below all major price averages. The RSI shows it is oversold, but buying interest is still low, so the price keeps falling.

• Fearful market mood: The crypto market is in fear right now. Investors are staying away from altcoins like NEXO and moving their money into safer options like Bitcoin, known as golden asset.

Monero (XMR) Price Drop: Latest News and Market Update

XMR Current Price: $395.45
Market Cap: $7.92B
Market Rank on CoinMarketCap: 14
24 hours Price Movement: Price down by 8.32% (24hr)
7 days Price Movement: Price down by 15.27% (7d)

Source: CoinMarketCap

According to the CoinMarketCap website, XMR is currently trading near $395.45. The price has dropped by 8.32% in the last 24 hours as compared to the previous levels. In the last 24 hours, XMR price made a low of $387.38 

Why Monero (XMR) Is Listed Among Crypto Losers Today? 

• Heavy market selling: The crypto market had large liquidations. Traders were forced to sell, pushing prices down, and XMR fell more because it had lower trading activity.

• Regulatory fears: Privacy coins like Monero are under more regulatory attention. Talks about exchange delistings lowered confidence and made investors sell to avoid future risks.

• Chart breakdown: XMR went below an important support level. This triggered stop-losses, leading to more selling and pushing the price down quickly.

Ethereum (ETH) Price Drop: Latest News and Market Update

ETH Current Price: $2.17
Market Cap: $271.67B
Market Rank on CoinMarketCap: 02
24 hours Price Movement: Price down by 6.75% (24hr)
7 days Price Movement: Price down by 22.57% (7d)

Source: CoinMarketCap

According to the CoinMarketCap website, ETH is currently trading near $2.17. The price has dropped by 6.75% in the last 24 hours as compared to the previous levels. In the last 24 hours, ETH price made a low of $2165.03 

Why Ethereum (ETH) Is One of the Top Crypto Losers in the Last 24 Hours? 

• Heavy liquidations: A big market drop forced traders to sell. Many had borrowed money to trade ETH, and when prices fell, these forced liquidations pushed ETH down even faster.

• Global uncertainty: U.S. political issues and worries about higher interest rates made investors avoid risky assets like crypto. This added more selling pressure on ETH.

• Weak price chart: ETH dropped below key support levels like $2,500. This triggered stop-loss selling and kept buyers away, making the price fall even more.

Tether Gold (XAUt) Price Drop: Latest News and Market Update

XAUt Current Price: $4634.94
Market Cap: $2.27B
Market Rank on CoinMarketCap: 34
24 hours Price Movement: Price down by 4.02% (24hr)
7 days Price Movement: Price down by 8.77% (7d)

Source: CoinMarketCap

According to the CoinMarketCap website, XAUt is currently trading near $4634.94. The price has dropped by 4.02% in the last 24 hours as compared to the previous levels. In the last 24 hours, the XAUt price made a low of $4447.55 

Why Tether Gold (XAUt) Appears in Today’s Top Crypto Losers List? 

• Technical selling: XAUt fell below important support levels. This triggered automated trades and stop-loss orders, pushing the price down.

• Crypto market fear: Extreme fear in the crypto market made traders sell their assets. Many moved their money into cash or safer options, including selling XAUt.

• Gold price weakness: Physical gold prices dropped this week. Since XAUt tracks gold, this decline added extra pressure on its price.

Conclusion:

The crypto market stayed under heavy pressure today, with fear-driven selling hitting both major coins and altcoins. Kaspa (KAS), Nexo (NEXO), Monero (XMR), Ethereum (ETH), and Tether Gold (XAUt) all dropped sharply because of weak charts, liquidations, and cautious investors. These top crypto losers show how prices can react quickly during uncertain times, helping investors understand short-term risks and daily market movements. This blog is informative and helps readers keep daily updates on crypto losers. It is not a price prediction or investment advice.

Disclaimer: This content is for informational use only and Crypto investments involve risk; please do your own research before investing.