Crypto price today, February 5th. Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin Ronin Manta ABP Live TV
Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to stay above the $43,000 mark over the weekend. Other top coins, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), consistently posted marginal gains and losses. The Ronin (RON) token emerged as the biggest winner of the bunch with a 24-hour jump of over 13 percent. MANTA, on the other hand, became the biggest loser with a 24-hour decline of almost 8 percent.
The global cryptocurrency market cap was $1.63 trillion at the time of writing, representing a 24-hour increase of 0.82 percent.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was at $42,651.90, down 0.81 percent in 24 hours. According to Indian exchange WazirX, the BTC price was at Rs 37.64 lakh.
Ethereum (ETH) price today
At the time of writing, ETH price was at $2,292.04, down 0.39 percent in 24 hours. According to WazirX, Ethereum price in India was at Rs 2.04 lakh.
Dogecoin (DOGE) price today
DOGE saw a 24-hour decline of 0.98 percent and is currently at $0.07814, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was at Rs 6.95.
Litecoin (LTC) price today
Litecoin recorded a 24-hour decline of 1.56 percent. At the time of writing, the price was trading at $67.10. The LTC price in India was at Rs 5,883.83.
Ripple (XRP) price today
XRP price was at $0.5056, a 24-hour loss of 2.26 percent. According to WazirX, Ripple price was at Rs 44.99.
Solana (SOL) price today
Solana price was at $96.10, down 2.05 percent in 24 hours. According to WazirX, SOL price in India was Rs 8,494.
Top Crypto Gainers Today (February 5)
According to CoinMarketCap data, here are the five crypto winners from the last 24 hours:
Ronin (RON)
Price: $3.42
24 hour profit: 13.54 percent
Flare (FLR)
Price: $0.03159
24 hour profit: 10.67 percent
Pendulum (PENDLE)
Price: $3.09
24 hour profit: 4.69 percent
Internet Computer (ICP)
Price: $12.96
24 hour profit: 2.24 percent
Chain link (LINK)
Price: $18.21
24 hour profit: 1.87 percent
Top Crypto Losers Today (February 5)
According to CoinMarketCap data, here are the top five crypto losers in the last 24 hours:
Manta Network (MANTA)
Price: $2.55
24 hour loss: 7.58 percent
Jupiter (JUP)
Price: $0.5316
24 hour loss: 6.79 percent
Rendering (RNDR)
Price: $4.47
24 hour loss: 5.80 percent
Conflux (CFX)
Price: $0.1997
24 hour loss: 5.16 percent
ORDI (ORDI)
Price: $52.76
24 hour loss: 4.87 percent
What crypto exchanges say about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin held its position at the $42,000 level over the weekend, influenced by a hawkish stance from the Federal Reserve and Bitcoin outflows from Grayscale.” A correction followed , as Bitcoin failed to break the $43,800 level, but bullish support remained in place, keeping Bitcoin above the $40,000 level. Despite a 35 percent decline from its peak, Bitcoin has seen an 83 percent increase since February last year. Meanwhile, Ethereum is observed trading at $2,200.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said: “The crypto market sailed through calm waters over the weekend. Bitcoin saw fluctuating performance around $43,000 – a level that appears to be building as support. Similarly, Ethereum has consolidated around $2.3K. Investor sentiment remains bullish as the Crypto Fear & Greed Index maintained a reading of 60/100 over the weekend.”
Rajagopal Menon, Vice President of WazirX, said: “Bitcoin investor sentiment remains mixed, with the Relative Strength Index at 50, indicating neutrality. The MACD level at 36 signals a “buy,” while the stochastic %K at 41 and the average directional index at 13 indicate a neutral outlook. In other developments, Hong Kong stablecoin FirstDigitalUSD has moved into the top five by volume, and Chainlink is seeing notable market investments, up 12% in the last seven days.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin trading volume reaching $8 billion raises questions about the right time to buy, as Bitcoin was at $43,000 and showed a modest decline on Sunday by 0.50 percent.” Genesis is attempting to sell the trust’s assets in the midst of bankruptcy proceedings, potentially impacting market sentiment and Bitcoin prices. LPL Financial's strict due diligence prevents the launch of Bitcoin ETFs and potentially delays significant investments. Additionally, the U.S. Department of Justice's crackdown on illegal cryptocurrency mining in a school district could affect public perception. Bitcoin’s technical outlook shows critical resistance and support levels, with indicators pointing to neutral market sentiment but a possible downtrend below $42,885.”
The CoinDCX research team told ABP Live: “Over the weekend, the crypto market saw a small decline. BTC remained in the $41,000-$45,000 range and showed some support from the moving averages. Clearing $45,000 could bring a strong uptrend. Positive factors like the halving make the outlook for BTC positive. ETH also saw a slight decline and is in the $2,175-$2,400 range. It is below the key moving averages, but developments such as the Dencun upgrade and speculation about the approval of an ETH spot ETF provide positive sentiment.”
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