/industry-wired/media/agency_attachments/2024/12/04/2024-12-04t130344212z-iw-new.png)
/industry-wired/media/agency_attachments/2024/12/04/2024-12-04t130332454z-iw-new.jpg)
/industry-wired/media/media_files/2026/02/03/crypto-2026-02-03-11-53-25.jpg)
Global macro conditions and stronger US dollar performance are putting stress on digital currencies
The cryptocurrency market opened on February 03, 2026, with heavy volatility and weak sentiment. Major digital assets continued to trade under pressure as investors moved away from risky investments.
Total crypto market capitalization has slipped below $3 trillion, showing a clear slowdown compared to the strong rally seen at the end of 2025. Fear remains dominant in the market, and trading volumes are lower than usual, suggesting uncertainty among participants.
Global macro conditions and stronger US dollar performance are putting stress on digital currencies. Traders are watching key price levels closely as markets search for direction. Even small rebounds are facing selling pressure, making recovery difficult in the short term.
Bitcoin Price Performance
Bitcoin (BTC) is currently trading at $78,481, showing an increase of $2,878 (3.807%) from the previous close. The intraday high stands at $79,155, while the intraday low reached $74,931. Despite this rebound, Bitcoin remains far below its late-2025 peak near $125,000.
Recent sessions saw Bitcoin drop below the important $80,000 level, triggering strong liquidation activity. More than $2.5 billion worth of Bitcoin positions were liquidated during the latest market swings. This caused sudden price movements and panic selling in short periods of time.
Ethereum and Major Altcoins
Ethereum (ETH) price is near $2,324.81 at press time, after it experienced an increase of $105.28, which represents a 4.743% rise from the previous session’s close. The intraday high was established at $2,387.64 while the intraday low reached $2,163.14.
Many mid-cap and small tokens have entered oversold conditions. The current market environment shows that investors maintain their low interest in high-risk assets while trading desks display their cautious attitude.
Macro Factors Affecting Crypto
The strong US dollar and expectations of tighter Federal Reserve policy are playing a major role in shaping crypto price direction. When the dollar rises, alternative assets like cryptocurrencies often face reduced capital inflows. This has contributed to falling liquidity and lower trading volume in digital markets.
Some market research groups suggest the crypto bear phase could be nearing an end if Bitcoin holds important price floors. Analysts point to $60,000 as a long-term support area, but in the near term, the focus remains on the $74,000–$75,000 zone.
Institutional and Regulatory Developments
Corporate exposure to cryptocurrencies is in the spotlight as prices decline. Firms that adopted Bitcoin-focused strategies are facing large unrealized losses. One major corporate holder has recorded paper losses close to $900 million, raising debate about risk management and long-term holding strategies.
Short-Term Market Outlook
The upcoming trading period will experience price fluctuations, which will move between stable prices and decreasing market values. The market will become bullish when Bitcoin reaches prices that exceed $80,000.
Ethereum needs to maintain its value above $2,200 in order to stop further price declines. Crypto market movements will continue to depend on the strength of the dollar, inflation data, and global equity market trends.
The market maintains a cautious atmosphere as multiple investors choose to wait until they receive more definite information. The recovery process will require extensive time as it relies on two factors, which include technical support and macroeconomic conditions.
Final Thoughts
Current crypto prices show consolidation after the market experienced significant dips. Bitcoin trades at $78,481 while Ethereum maintains a market value of $2,324, and the complete cryptocurrency market capitalization has decreased to below $3 trillion.
The crypto market remains unstable, and the need for support levels has reached its highest point in recent times. The confidence level remains low among investors while the foundational structure of digital assets continues to exist.