This is a daily crypto market update blog for February 04, 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 Hyperliquid (HYPE), Lighter (LIT), Canton (NIGHT), Solana (ENA), and Sei (SEI). It will help investors track daily market updates in one place at a glance.
HYPE Current Price: $33.19
Market Cap: $10.03B
Market Rank on CoinMarketCap: 12
24 hours Price Movement: Price down by 10.36% (24hr)
7 days Price Movement: Price down by 2.83% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, HYPE is currently trading near $33.19. The price has dropped by 10.36% in the last 24 hours as compared to the previous levels. In the last 24 hours, HYPE price made a low of $32.44
Why Hyperliquid (HYPE) is Among the Top Crypto Losers Today?
Market-wide fear: The overall crypto market turned weak, and extreme fear made investors sell risky tokens.
Profit booking after rally: HYPE rose almost 20% after the HIP-4 news. Many traders decided to take profits, which added selling pressure.
New competition worries: Crypto.com is a compeptior, who launched a competitive prediction market platform. This made traders more cautious about HYPE's future growth in this space.
LIT Current Price: $1.52
Market Cap: $380.49M
Market Rank on CoinMarketCap: 95
24 hours Price Movement: Price down by 12.16% (24hr)
7 days Price Movement: Price down by 21.22% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, LIT is currently trading near $1.52. The price has dropped by 12.16% in the last 24 hours as compared to the previous levels. In the last 24 hours, LIT price made a low of $1.4692
Why Lighter (LIT) Became One of the Biggest Crypto Losers Today?
Support level break: LIT dropped below the important $1.57 support zone. When this level broke, many traders sold automatically, which pushed the price down faster.
Weak crypto market mood: The overall crypto market is very fearful. Investors are avoiding risky altcoins and moving their money to safer assets like Bitcoin.
Low buying interest: Trading volume went down, meaning fewer buyers stepped in. This made the price fall even more.
CC Current Price: $0.1770
Market Cap: $6.66B
Market Rank on CoinMarketCap: 16
24 hours Price Movement: Price down by 8.26% (24hr)
7 days Price Movement: Price up by 9.57% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, CC is currently trading near $0.1770. The price has dropped by 8.26% in the last 24 hours as compared to the previous levels. In the last 24 hours, CC price made a low of $0.1708
Why Canton (CC) Is Listed Among Crypto Losers Today?
Weak market sentiment: The crypto market is in a fearful condition right now. Investors are reducing risk and focusing on selling altcoins.
Profit-taking after a rally: CC went up a lot over the past month. When it reached $0.19–$0.20, traders sold to take profits, which pushed the price down.
Token unlock worries: Upcoming token unlocks made investors worry about extra supply. This caution added more selling pressure.
SOL Current Price: $97.11
Market Cap: $55.03B
Market Rank on CoinMarketCap: 7
24 hours Price Movement: Price down by 7.2% (24hr)
7 days Price Movement: Price down by 23.36% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, SOL is currently trading near $2.17. The price has dropped by 13.16% in the last 24 hours as compared to the previous levels. In the last 24 hours, SOL price made a low of $96.12
Why Solana (SOL) Is One of the Top Crypto Losers in the Last 24 Hours?
Weak market demand and selling pressure: Interest from both big investors and regular traders in SOL has dropped. This caused more selling, pushing the price down.
Broader crypto market decline: The whole crypto market weakened with big sell-offs. SOL was dragged down along with other cryptocurrencies.
Bearish derivatives and sentiment: Solana’s derivatives show falling open interest and negative funding rates. Traders are betting on the price dropping further.
SEI Current Price: $0.08715
Market Cap: $596.23
Market Rank on CoinMarketCap: 77
24 hours Price Movement: Price down by 3.01 (24hr)
7 days Price Movement: Price down by 18.5% (7d)

Source: CoinMarketCap
According to the CoinMarketCap website, SEI is currently trading near 3.01. The price has dropped by 18.5% in the last 24 hours as compared to the previous levels. In the last 24 hours, the SEI price made a low of $0.08252
Why Sei (SEI) Appears in Today’s Top Crypto Losers List?
Technical selling pressure: SEI is trading below important averages, and its RSI is very low. This shows strong selling, keeping buyers cautious.
Weak overall market mood: The crypto market is very fearful right now. Investors are avoiding risky altcoins like SEI and moving their money elsewhere.
Pre-upgrade caution: Exchanges temporarily paused SEI trading ahead of the v6.3 upgrade. This reduced activity and added short-term pressure on the price.
The crypto market remained weak today, whereas increasing fear among altcoins led to heavy selling. Projects like Hyperliquid (HYPE), Lighter (LIT), Canton (CC), Solana (SOL), and Sei (SEI) saw major price drops. This was mainly because investors booked profits and reacted to technical breakdowns to avoid risks. These price drops shows short term market stress and explain the importance of tracking crypto losers and gainers on a daily basis. This blog is informative and helps investors to stay updated with changing market trends and risks. It is not a price prediction or investment advice.
Disclaimer: The content in this blog is for informational use only. It is not investment advice. Crypto investments have risks associated with it, kindle do detailed research before investing.
With 1 year of experience in the crypto space, Archi Sharma specializes in creating insightful and engaging content on blockchain, cryptocurrencies, and market trends. His writing helps readers understand complex topics while staying updated on the latest developments in the crypto world.