Crypto Market Update – February 5, 2026

Welcome to your daily snapshot of key cryptocurrencies. Today, we focus on XRP, XLM, HBAR, FLR, and XDC, alongside a quick look at Bitcoin and Ethereum for broader market context. Let’s break down the numbers and what they might mean over the next couple of days.

Spotlight on XRP, XLM, HBAR, FLR, and XDC

• XRP (Ripple): Currently priced at $1.25, XRP has dropped 17.26% in the past 24 hours. This steep decline follows increased market uncertainty and regulatory discussions, including calls from the U.S. Treasury criticizing resistance to new crypto market structure bills. XRP, often used for fast cross-border payments, is sensitive to such regulatory news.
• XLM (Stellar): Stellar is trading at $0.152, down 9.68% in 24 hours. Stellar’s network supports quick and low-cost transactions, and like XRP, it is affected by the broader regulatory environment and market sentiment shifts.
• HBAR (Hedera Hashgraph): HBAR stands at $0.0807, down 9.76%. Hedera offers a unique blockchain alternative with its hashgraph technology focused on speed and security. The decline aligns with general market dips in altcoins amid cautious investor sentiment.
• FLR (Flare Networks): FLR is priced at $0.0090 with a 6.46% decrease. Flare is known for enabling smart contracts on networks like XRP and Litecoin. Its smaller dip compared to XRP and XLM suggests some resilience but remains impacted by overall market mood.
• XDC (XDC Network): At $0.0319, XDC has fallen 8.44%. The XDC Network targets enterprise blockchain solutions, and its movement mirrors the broader altcoin sector’s recent pullback.

Bitcoin and Ethereum Context

Bitcoin (BTC) is currently at $66,242, down 8.5% in 24 hours. Despite the drop, Bitcoin remains a key store of value in crypto markets. Ethereum (ETH), the leading platform for smart contracts, trades near $1,959, down 7.64%. Both assets are experiencing a pullback amid regulatory concerns and some investor repositioning, but their fundamentals remain strong.

What’s Driving These Moves?

The market’s recent dip is influenced by regulatory discussions in the U.S., including critical comments from Treasury official Bessent about resistance to crypto market reforms. This has injected caution into the market. Additionally, some major players like Gemini are refocusing their strategies, which adds to short-term uncertainty.

Looking Ahead: Next 48 Hours

Given the current environment, prices for XRP, XLM, HBAR, FLR, and XDC may continue to experience volatility but could find support as investors digest news and regulatory clarity improves. Bitcoin and Ethereum might stabilize first, providing confidence for altcoins to follow. For new investors, this could be a time to watch for buying opportunities as prices adjust to clearer market signals.

TLDR

Crypto markets are seeing a broad pullback today, with XRP leading declines amid regulatory concerns in the U.S. Other altcoins like XLM, HBAR, FLR, and XDC are also down but remain promising for long-term use cases. Bitcoin and Ethereum show similar dips but hold strong fundamentals. Expect some volatility ahead as the market digests policy news. This could create opportunities for patient investors.