Key Highlights:
Overall Crypto Market Update of 30 January 2026 shows drops 4.6%
Bitcoin drops below $85K, Ethereum drops below $2.9K Fear index 16.
Cryptocurrencies experience steep losses even though there are selective winners.
Cryptocurrency markets went red in the day as the total market capitalization dropped 4.6% to $2.95 trillion, bringing panic to assets. The decline of Bitcoin was almost 5.5% to below $85,000, and Ethereum fell more than 6% to around $2800, which increased the fear as the Fear and Greed Index dropped to 16.
Top altcoins like Solana and XRP lost over 5%. Trading volumes surged to $173 billion, reflecting panic selling. Due to heavy liquidations, panic selling, and risk-off sentiment, crypto markets are crashing today. Even traditional safe havens cracked—gold and silver fell sharply, confirming a broader global sell-off and shaken investor confidence.

Source: Forex Factory
The global cryptocurrency market today reached a capitalization of $2.95 trillion, noted a shocking 4.6% fall in the last 24 hours, whereas Total trading volume recorded at $173 billion.
Bitcoin’s (BTC) dominance over the industry remains intense, with 57%, while Ethereum (ETH) carries 11.5%. The largest gainers of the industry are IP and XRP Ledger Ecosystem in the past day.
Bitcoin (BTC) and Ethereum (ETH) Price Analysis:
(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from CoinMarketCap)
Bitcoin (BTC) price today reached $84041.99, slipped 5.48% in the last 24 hours, with a trading volume of $65.26 billion and a market cap of $1.67 trillion.

Ethereum (ETH) price today is at $2804.9, slides 6.48% in 24 hours with a trading volume of $38.13 billion and a market cap of $338.54 billion.

Top Trending Coins Price in 24 Hours:
(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)
Bitcoin price (BTC): $83,818.46, down 5.74% in the last 24 hours, trading volume (TV): $65.3B.
Ethereum price (ETH): $2,801.99, drops 6.59% in 24 hours, TV: $38.06B.
XRP price (XRP): $1.79, declines 5.36%, TV: $4.63B.
Solana price (SOL): $117.50, slips 5.78%, TV: $6.09B.
BNB price (BNB): $861.73, falls 4.46%, TV: $4.02B.
Top 3 Crypto Gainers in 24 hours:
(Ranked by 24-hour percentage gain)
Canton price today (CC): $0.1797, surged 10.79%, with trading activity around $36.8 million.
LayerZero price today (ZRO): $2.11, gained 7.08%, recording trading activity near $157.9 million.
UNUS SED LEO price today (LEO): $9.22, edged up 0.04%, with trading activity of about $825 million.
Top 3 Crypto Losers in 24 hours
(Ranked by 24-hour percentage loss)
Worldcoin price (WLD): $0.471, down 15.75%, with trading activity around $471.7 million.
Chiliz price (CHZ): $0.04752, lower by 14.99%, recording trading volume near $162.4 million.
Lighter price (LIT): $1.69, slipped 12.30%, with trading activity close to $171.0 million.
Stablecoins and Defi Update:
Stablecoins reflects 0.5% negative change over the past 24 hours, with a Stablecoin market capitalization of $310 billion and trading volume of $130.8 billion.
The Overall (Defi) Decentralized Finance market sharply declined 6% over the last 24 hours, recording a market cap of $105 billion and trading volume (TV) at $6.6 billion. Defi dominance globally marked 3.6%.

Source: Alternative Me
Today’s Fear and Greed Index stands at 16 (Extreme Fear), down from 26 yesterday. Persistent macro uncertainty, weak price momentum, and cautious trading keep sentiment low, similar to last week’s 24 and last month’s 21, signaling prolonged risk aversion.
(Note: All of these updates have an effect on traders, as they affect liquidity, sentiment, and potential returns, and thus have to be monitored closely.)
1. US Seizes $400M From Helix Case
Last year, the owner of darknet mixer Helix, Larry Harmon, was convicted and sentenced, and the Justice Department of the U.S. seized more than $400 million in crypto, real estate, and cash.
2. Flying Tulip gets New Financing.
Flying Tulip, a DeFi project led by Andre Cronje, raised new funds through private and public sales, including 225.5M institutional backing, 50M from Impossible Finance, and intends to raise 200M in the CoinList sale this year worldwide.
3. Senate Panel Moves Crypto Bill Forward
The US Senate Agriculture Committee advanced a crypto structure bill 12–11, a first at the Senate level, though it still faces Banking Committee review and uncertain bipartisan support aheadof the vote.
4. Markets Slide, Cryptos, Metals Plummet.
Bitcoin dropped to less than $85,000 and Ethereum to less than $2,800 as crypto was hard hit by heavy liquidations. Gold and silver were also down, indicating extensive risk-off markets in the world markets during the volatile trading hours.
5. Crypto Custody IPO Watch
Copper is assessing a possible IPO as revenues are reviewed, sources say, after BitGo’s $2 billion debut, signaling investor interest shifting toward crypto infrastructure like custody and settlement services globally.
6. 21Shares Launches Jito Staked SOL ETP
JSOL, offering investors Solana exposure with staking rewards and MEV income through JitoSOL, a liquid staking asset in the Solana ecosystem globally today.
Compared to yesterday cryptocurrency update and last week's update, today’s update shows deeper losses and stronger fear. Bitcoin is still dominant, but the altcoins are performing poorly. The Fear and Greed Index of 16 indicates long-term indecisiveness compared to a comparatively high sentiment at the beginning of this month.
To crypto users, this stage is an indication of increased volatility and emotional markets. Prices may fluctuate sharply, liquidity remains active, and sentiment is fragile. Cautious positioning, disciplined risk management, and close monitoring of macro and regulatory updates are crucial now.
Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point in the direction of the price or show an action to be taken on the investment.
Based on the last 24 hours, investing remains high-risk but selectively beneficial for experienced traders. Long-term investors need not panic, but short-term traders need to trade downside risk, as extreme fear tends to be followed by rebounds, but at what time is unpredictable.
Disclaimer: This piece of information is not financial or investment advice but is informational. The markets of cryptocurrencies are very risky and volatile. Investment decisions should always be made by yourself and with the assistance of a qualified financial advisor. Different areas are not able to provide all of the discussed services or assets.
Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.