Daily Crypto Market Update – February 1, 2026

Date & Time: 2026-02-01 17:00 ET

Focus Tokens Overview

Let’s take a look at how some popular tokens performed over the past 24 hours. We’ll focus on XRP (Ripple), XLM (Stellar), HBAR (Hedera Hashgraph), FLR (Flare Networks), and XDC (XDCE Crowd Sale).

• XRP (Ripple): Currently priced at $1.59, XRP experienced a slight decline of 1.91% over the last 24 hours. Ripple’s price movement is often influenced by regulatory news and adoption by payment networks. Recently, XRP has faced some pressure amid broader market caution, but it remains a strong player in cross-border payments.
• XLM (Stellar): Stellar is trading at $0.1751, down by 0.81%. Stellar focuses on making money transfers fast and affordable, especially for underserved markets. The mild dip today could be tied to general market trends but the network’s partnerships keep long-term prospects positive.
• HBAR (Hedera Hashgraph): Priced at $0.0887, HBAR saw a 3.12% decrease in the past day. Hedera’s unique technology offers fast and secure transactions. Despite the slight drop, ongoing enterprise adoption of Hedera’s platform is a positive sign for future growth.
• FLR (Flare Networks): Flare is up, trading at $0.0099 with a 3.81% increase. Flare’s innovative approach to smart contracts on multiple blockchains is gaining attention. This upward move may reflect growing interest from developers and investors looking for cross-chain solutions.
• XDC (XDCE Crowd Sale): XDC leads the group today with a 4.90% rise, priced at $0.0362. XDC powers the XinFin network, which focuses on hybrid blockchain technology for global trade and finance. The positive momentum suggests increasing confidence in its use cases.

Market Analysis & Short-Term Outlook

The recent mixed performance among these tokens suggests cautious optimism. Positive moves in FLR and XDC indicate growing demand for blockchain solutions that enable interoperability and real-world applications. Meanwhile, the slight declines in XRP, XLM, and HBAR reflect broader market sentiment rather than token-specific issues.

Over the next 48 hours, we expect FLR and XDC to maintain upward momentum if developer activity and partnership news continue. XRP and XLM could stabilize as investors digest regulatory developments, while HBAR may see some consolidation before potentially rebounding as enterprise use cases expand.

Bitcoin and Ethereum Context

Bitcoin (BTC), the largest cryptocurrency, is trading at $76,427, down 2.28% in the last 24 hours. This slight pullback follows a weekend of volatility, possibly signaling a short-term pause after recent gains. Ethereum (ETH) is priced at $2,287.27, down 5.23%, reflecting some profit-taking after its recent network upgrades.

Both BTC and ETH remain foundational to the crypto market, and their price trends often influence altcoins. While minor dips are natural, ongoing institutional interest and technological improvements support their longer-term growth.

Latest Headlines Impacting the Market

• Bitcoin’s ‘hopium’ for bulls may be over and this weekend’s slide could be just the beginning – A reminder that market corrections can happen even after strong rallies.
• Hong Kong is positioning itself as crypto’s global connector, says lawmaker Johnny Ng – Positive regulatory developments from Hong Kong could boost global crypto adoption.
• Senator Elizabeth Warren is sounding the alarm on Trump’s ‘spy sheikh’ crypto deal – Regulatory scrutiny remains a key factor for market stability.

TLDR;

Today’s crypto market shows mixed signals: XRP, XLM, and HBAR faced mild declines amid cautious sentiment, while FLR and XDC posted solid gains driven by growing interest in cross-chain and hybrid blockchain technologies. Bitcoin and Ethereum experienced modest pullbacks after recent rallies, reflecting typical market corrections. Looking ahead, tokens with strong use cases and active development like FLR and XDC may continue to see positive momentum, while major coins stabilize. Staying informed about regulatory updates and network developments will help investors navigate this evolving landscape confidently.