Daily Crypto Market Update: February 1, 2026

Welcome to your GhostTerminal crypto market briefing! Today, we focus on five popular tokens: XRP, XLM, HBAR, FLR, and XDC. We’ll also provide context on Bitcoin and Ethereum to keep you well-informed.

Focus Tokens Overview

• XRP (Ripple): Currently trading at $1.66, XRP saw a 4.37% dip in the last 24 hours. This mild decline follows broader market caution as investors react to Bitcoin’s recent volatility.
• XLM (Stellar): Priced at $0.1805, Stellar dropped 5.48% in the past day. Market sentiment around cross-border payment tokens like XLM remains steady despite the slight pullback.
• HBAR (Hedera Hashgraph): At $0.0923, HBAR decreased 5.83%. This reflects cautious trading as investors await updates on Hedera’s network developments.
• FLR (Flare Networks): Trading near $0.00994, FLR fell by 1.38%. The smaller decline indicates relative stability compared to other altcoins, possibly due to steady interest in Flare’s smart contract capabilities.
• XDC (XDC Network): Valued at $0.0349, XDC dropped 4.07%. XDC’s focus on enterprise blockchain solutions keeps it in view despite short-term market pullbacks.

Why the Moves?

The recent price decreases across these tokens tie into a broader market trend. Bitcoin’s selloff has influenced investor behavior, and many retail traders are stepping back. However, large investors, often called “mega-whales,” are quietly buying the dip, signaling confidence in the longer-term outlook.

Bitcoin & Ethereum Context

Bitcoin (BTC) is trading at $78,510, down 6.43% over 24 hours. This drop marks a significant correction after recent highs. Notably, Bitcoin’s hashrate, a measure of mining activity and network security, fell 12%—the biggest drop since China’s mining ban. This shows miners are adjusting to current market conditions but does not necessarily signal trouble ahead.

Ethereum (ETH) is at $2,427.75, down almost 9.9%. Ethereum’s decline is sharper, reflecting the overall risk-off sentiment affecting altcoins more than Bitcoin. However, Ethereum’s ongoing upgrades and strong developer community provide a solid foundation for recovery.

Looking Ahead: What to Expect in the Next 48 Hours

Given current trends, prices for XRP, XLM, HBAR, FLR, and XDC may experience some sideways movement or modest declines as short-term traders remain cautious. The presence of “mega-whales” buying suggests these dips could be limited and offer good entry points for new investors. Watch for Bitcoin’s hashrate and price stabilization, as improvements there often boost confidence across the market.

TL;DR

Today’s crypto market shows a short-term pullback with XRP, XLM, HBAR, FLR, and XDC prices down between 1.4% and 5.8%. Bitcoin and Ethereum also dipped amid cautious trading and a notable drop in Bitcoin’s mining activity. Despite this, strong buying by large investors hints at resilience. Newcomers should see current prices as potential opportunities, while keeping an eye on Bitcoin’s recovery as a key market signal.