Cryptocurrency Market Movements Demonstrated Notable Market Movements on February 3, 2025

The cryptocurrency market cap exceeded $3.09 trillion from its $319.96 billion trading volume released alongside 32,274 digital coins in circulation.

The cryptocurrency market saw significant market movements on February 3, 2025, with major price fluctuations and changes in dominance and trading activity.

The crypto market cap crossed $3.09 trillion, with a trading volume of $319.96 billion and 32,274 digital coins in circulation.

Bitcoin (BTC) maintained its cryptocurrency leadership with a price value of $95,024, controlling 61.0% of the total market dominance. Meanwhile, Ethereum (ETH) had a market price of $2,550 and acquired a market dominance of 10.0%.

Price Movement of Prominent Cryptocurrencies

These two assets command major attention from both liquidity and investor groups in the market. The Decentralized Finance (DeFi) sector maintained its essential position with $147.69 billion in assets locked. Ethereum (ETH) network fees stood at 10 GWEI, setting a favorable ground for ecosystem users conducting transactions.

Several cryptocurrencies experienced notable price fluctuations over the past day. Key performers included $KAS, which recorded a 66.53% price bounce, while $XDC gained a 43.74% price bounce. Additionally, $OP surged by 35.72%, and $DOGE was up by 35.67%. $ADA saw a modest increase of 35.67%, and a 34.29% price surge showcased diverse market trends.

Liquidations During the Past 24 Hours

The derivatives market experienced extensive asset liquidations during this period. The Ethereum sector accounted for the highest $612.26 million in derivatives liquidations, and Bitcoin granted $411.30 million. Ripple (XRP) gained $121.50 million in liquidation, while Solana (SOL) and Dogecoin (DOGE) lost large market value through $85.95 million and $90.41 million in liquidations, respectively.

The current Fear and Greed Index level is 40, indicating a “Fear” sentiment.” Market participants remain guarded as they encounter recent price movements and general market factors.