Market Cap: $3.2195T 0.620%
Volume(24h): $172.9231B -27.910%
  • Market Cap: $3.2195T 0.620%
  • Volume(24h): $172.9231B -27.910%
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  • Market Cap: $3.2195T 0.620%
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Cryptocurrency News Articles

Bitcoin (BTC) Dips Below $98,000 Mark, Other Altcoins See Mixed Gains and Dips as Market Fear & Greed Index Stands at 38 (Fear)

Feb 05, 2025 at 01:55 pm

Bitcoin (BTC), the world's oldest and most valued crypto, dipped below the $98,000 mark early Wednesday. Other popular altcoins — including the likes of

Bitcoin (BTC) Dips Below $98,000 Mark, Other Altcoins See Mixed Gains and Dips as Market Fear & Greed Index Stands at 38 (Fear)

World’s oldest and most valued cryptocurrency, Bitcoin (BTC), dipped below the $98,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as overall Market Fear & Greed Index stood at 38 (Fear) out of 100, as per CoinMarketCap data. FTX Token (FTT) became the biggest gainer of the lot, with a 24-hour jump of nearly 18 percent. ENA became the biggest loser, with a 24-hour loss of over 6 percent.

The global crypto market cap stood at $3.21 trillion at the time of writing, registering a 24-hour loss of 0.32 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $97,862.20, registering a 24-hour dip of 0.52 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.30 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,717.51 marking a 24-hour jump of 1.75 percent at the time of writing. Ethereum price in India stood at Rs 2.16 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour gain of 0.54 percent, as per CoinMarketCap data, currently priced at $0.2632. Dogecoin price in India stood at Rs 19.80.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour jump of 2.65 percent. At the time of writing, it was trading at $101.96. LTC price in India stood at Rs 8,052.41.

Ripple (XRP) Price Today

XRP price stood at $2.49, seeing a 24-hour loss of 1.35 percent. Ripple price in India stood at Rs 189.69.

Solana (SOL) Price Today

Solana price stood at $204.07, marking a 24-hour jump of 0.58 percent. SOL price in India stood at Rs 16,691.51.

Top Crypto Gainers Today (February 5)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

FTX Token (FTT)

Price: $2.1224-hour gain: 17.97 percent

Official Melania Meme (MELANI)

Price: $1.6424-hour gain: 16.61 percent

Hyperliquid (HYPE)

Price: $25.9624-hour gain: 8.26 percent

Pudgy Penguins (PENGU)

Price: $0.0133524-hour gain: 7.03 percent

Sui (SUI)

Price: $3.6124-hour gain: 6.85 percent

Top Crypto Losers Today (February 5)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Ethena (ENA)

Price: $0.586524-hour loss: 6.06 percent

Lido DAO (LDO)

Price: $1.6824-hour loss: 5.05 percent

Aerodrome Finance (AERO)

Price: $0.892824-hour loss: 4.33 percent

XDC Network (XDC)

Price: $0.0939324-hour loss: 4.08 percent

Flare (FLR)

Price: $0.020724-hour loss: 3.64 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Edul Patel, CEO, Mudrex told ABP Live, “Bitcoin trades range-bound, between $96,000 and $100,000, as China announces retaliatory tariffs on U.S. imports. While BTC showed strong resilience trading above key levels, volatility remains elevated as tariff-related headlines continue to drive market sentiment. Going forward, a major catalyst would be Friday's U.S. employment report. A softer number could have investors pricing the Fed’s rate cuts back into the outlook, triggering a relief rally. To fully regain bullish momentum, Bitcoin must

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