Bitcoin (BTC) Price Today - 4 February 2022

Bitcoin (BTC), the world's oldest and most valued crypto, managed to recover and rise up to $99,000 mark early Tuesday.

Bitcoin price rose up to $99,000 mark early Tuesday, as other popular altcoins largely landed in the green zone. At the time of writing, BTC price stood at $99,682.92, registering a 24-hour jump of 5.77 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.30 lakh.

Bitcoin (BTC) managed to recover from Monday’s 15 percent drop over four days and rise above the $100,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the greens across the board as overall Market Fear & Greed Index stood at 45 (Neutral) out of 100, as per CoinMarketCap data.

Onyxcoin (XCN) became the biggest gainer of the lot, with a 24-hour jump of nearly 32 percent. US First Lady Melania Trump’s memecoin MELANIA became the biggest loser, with a 24-hour loss of nearly 1 percent.

The global crypto market cap stood at $3.27 trillion at the time of writing, registering a 24-hour jump of 9.06 percent.

Top Crypto Gainers Today (February 4)

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

Onyxcoin (XCN)

Price: $0.0306824-hour gain: 32.12 percent

Artificial Superintelligence Alliance (FET)

Price: $0.799724-hour gain: 26.70 percent

Aerodrome Finance (AERO)

Price: $0.950624-hour gain: 25.63 percent

Bittensor (TAO)

Price: $361.5724-hour gain: 24.28 percent

Mantle (MNT)

Price: $1.1524-hour gain: 23.99 percent

Top Crypto Losers Today (February 4)

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

Official Melania Meme (MELANIA)

Price: $1.4224-hour loss: 0.22 percent

Floki (FLOKI)

Price: $0.0000815924-hour loss: 30.49 percent

SPX6900

Price: $0.713424-hour loss: 30.16 percent

Gala (GALA)

Price: $0.0195924-hour loss: 28.92 percent

Artificial Superintelligence Alliance (FET)

Price: $0.653124-hour loss: 28.68 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Alankar Saxena, co-founder and CTO, Mudrex told ABP Live, “Bitcoin quickly recovered from yesterday’s correction, reclaiming the $100,000 mark. Trump’s decision to pause import tariffs on Canada and Mexico has significantly boosted market sentiment, triggering fresh buying at lower levels. This pause could signal a broader diplomatic effort to ease trade tensions, creating a favourable environment for further upside. However, Investors should continue to monitor the trade developments as these will likely influence market direction in the coming days. Currently, Bitcoin faces immediate resistance at $103,400 while strong support holds at $99,000.”

CoinSwitch Markets Desk noted, “After record liquidations yesterday, the market recovered quickly, with BTC reclaiming the $100K mark within 24 hours of the drop. However, a major rally was seen in altcoins, as both XRP and ETH posted double-digit percentage gains over the last 24 hours. These gains were driven by an easing of the trade war initiated by U.S. President Donald Trump through heavy tariffs. The Mexican president agreed to deploy troops along the U.S.-Mexico border to curb illegal arms and drug trafficking, leading to a one-month delay in tariffs on Mexico.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “Volatility and resilience are two sides of the same coin in the crypto market. As the U.S., Canada, and Mexico unite to reinforce borders, curb illegal flows, and temporary tariff pause it eases tensions in the crypto market. Crypto market, once shaken by uncertainty, now surge as Bitcoin is again