Key Highlights:
Crypto market cap drops 2.4% to $2.67T amid heavy selling pressure
BTC and ETH fall over 3% as fear sentiment deepens
Extreme Fear Index hits 14, reflecting high uncertainty
Overall Crypto Market Update, 4 Feb 2026: The cryptocurrency declined sharply on Feb 4 as Bitcoin, Ethereum, and altcoins fell, volumes stayed high, and investor sentiment remained in extreme fear territory.

Source: Forex Factory
The global cryptocurrency market today reached a capitalization of $2.67 trillion, noted a sharp 2.4% downturn in the last 24 hours, whereas Total trading volume recorded at $188.7 billion.
Bitcoin’s (BTC) dominance over the industry remains intense, with 57.2%, while Ethereum (ETH) carries 10.2%. The largest gainers of the industry are Polkadot 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 $76305.98, Fell 3.14% in the last 24 hours, with a trading volume of $68.61billion and a market cap of $1.52 trillion.

Ethereum (ETH) price today is at $2266.67, dips 3.5% in 24 hours with a trading volume of $46.61 billion and a market cap of $273.66 billion.

Top Trending Crypto Coins Price in 24 Hours:
(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)
World Mobile Token price (WMTX): $0.07909, slip 1.62%, trading volume (TV): $706.9 million.
Tria price (TRIA): $0.01731, soars 14.72%, TV: $285.23 million.
Bitcoin price (BTC): $76,356.21, down 2.97%, TV: $68.67 billion.
Sentient price (SENT): $0.03354, dips 4.77%, TV: $1.15 billion.
Shiba Inu price (SHIB): $0.00006809, drops 0.82%, TV: $180.81 million.
Top 3 Crypto Gainers in 24 hours:
(Ranked by 24-hour percentage gain)
World Liberty Financial price today (WLFI): $0.1367, rises 5.85%, trading activity $145.47 million.
Jupiter price today (JUP): $0.1982, gains 5.02%, trading activity $80.82 million.
Cosmos price today (ATOM): $2.06, climbs 4.76%, trading activity $70.94 million.
Top 3 Crypto Losers in 24 hours
(Ranked by 24-hour percentage loss)
Lighter price (LIT): $1.51, down 6.56%, with trading activity around $66.28 million.
Solana price (SOL): $99.23, lower by 4.45%, trading volume near $5.89 billion.
Canton price (CC): $0.1794, slipped 4.40%, trading activity close to $37.43 million.
Stablecoins and Defi Update:
Stablecoins reflects 0.5% positive change over the past 24 hours, with a market capitalization of $310.8 billion and trading volume of $149.9 billion.
The Overall (Defi) Decentralized Finance market declined 1.7% over the last 24 hours, recording a market cap of $93.4 billion and trading volume (TV) at $6.5 billion. Defi dominance globally marked 3.5%.

Source: Alternative Me
Today’s Fear & Greed Index is 14 (Extreme Fear), down from 17 yesterday. Last week stood at 29 (Fear), and last month, 26. Rising volatility, weak prices, and selling pressure deepened panic sentiment.
(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. Best Crypto Exchanges Expect to boom in 2025 trading: Top 10 exchanges in the world reached a spot volume of $18.7T in 2025, a 7.6 percent increase. Binance was first, Bybit second, and MEXC gained the most on zero fees; others had mixed trends.
2. Aave DAO streamlines Multichain Strategy: Aave DAO suggested the freezing of Aave V3 in zkSync, Metis, and Soneium, and future deployment is necessary to ensure the revenue of 2 million a year to optimize the multichain efficiency strategy.
3. Vitalik Reconsidering the Rollup Roadmap: Ethereum co-founder Vitalik Buterin declared that the rollup-focused roadmap is no longer applicable, pointing to slow L2 decentralization and fast L1 scaling with reduced fees by 2026.
4. Arbitrum DAO X Account Compromised: Arbitrum warned users after its DAO X account was compromised, urging no interaction with posts, while confirming protocol and funds remain fully secure and intact today.
5. US Targets Crypto Routes Linked to Iran: The US Treasury probes crypto platforms aiding Iran sanctions evasion, sanctioning exchanges and targeting liquidity hubs, stablecoins, and infrastructure as Iran’s volume hits $8–10 billion.
6. White House Draws Red Line on Crypto Ethics: Donald Trump adviser Patrick Witt said the White House rejects crypto legislation targeting Trump or family, as Senate talks continue amid Democratic demands for ethics rules.
Feb 3, Cryptocurrency update showed a mild recovery, with capitalization rising to $2.73T and BTC–ETH posting small gains, despite fear remaining high. On 4 Feb, the overall cap dropped to $2.67T, the market prices declined widely, and extreme fear set in, which demonstrated the dwindling recovery momentum.
Crypto investing has been risky over the past 24 hours. Feb 3’s recovery failed to sustain into Feb 4, signaling fragile confidence. Systematic and staggered investments can be considered by long-term investors, but short-term traders are advised to remain wary, tighten their risk management, and never take aggressive positions in times of extreme fear.
Risk Context: The commentary is not for long-term conditions, and it is just informational and does not indicate the direction of the price or an action taken on investment.
The shift from mild recovery to renewed decline highlights ongoing uncertainty. Volatility remains elevated, sentiment fragile, and news-driven moves dominant. Based on the 24-hour market update, investing remains risky in the short term due to extreme fear and broad declines. However, disciplined investors may find selective opportunities, while cautious positioning and risk management remain essential right now.
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. The markets of cryptocurrencies are very volatile and risky. The advice is always to do your research and use the services of a competent financial advisor in making investment decisions. Some of the discussed services or assets cannot be offered in all regions.
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.