Crypto Market Update – February 3, 2026
Welcome to your daily crypto market briefing from GhostTerminal! Today we focus on key altcoins XRP, XLM, HBAR, FLR, and XDC, alongside Bitcoin and Ethereum for context. Let’s dive into the latest price moves and what they mean for investors.
Altcoin Spotlight: XRP, XLM, HBAR, FLR, and XDC
- XRP (Ripple): Priced at $1.56, XRP has dipped by about -4.98% in the last 24 hours. This slight decline follows broader market pressure as investors react to stock market selloffs, affecting crypto sentiment.
- XLM (Stellar): Currently trading at $0.1717, Stellar is down -5.36%. Similar to XRP, XLM is feeling the effects of cautious investor behavior amid uncertain global markets.
- HBAR (Hedera Hashgraph): HBAR sits at $0.0887, down -4.88%. Despite the dip, Hedera’s unique consensus algorithm remains a strong technological foundation, which could support recovery.
- FLR (Flare Networks): At $0.0099, FLR has seen a smaller decline of -1.14%. This relative stability suggests investor confidence in Flare’s interoperability solutions, even during market downturns.
- XDC (XDC Network): Trading at $0.0371, XDC dropped -3.72%. XDC’s focus on enterprise blockchain solutions keeps it well-positioned for steady growth as blockchain adoption expands.
Why the Dip?
Overall, these altcoins are experiencing moderate declines mainly due to a recent stock market selloff, which often leads investors to reduce risk exposure, including in cryptocurrencies. Additionally, Ethereum’s challenges with scaling, highlighted by Vitalik Buterin, have created some uncertainty around the wider crypto ecosystem.
Looking Ahead: Next 48 Hours
Given the current market dynamics, expect some volatility but also potential for stabilization. XRP and XLM could see support near current levels if investor confidence returns. HBAR and FLR may hold steady due to their strong technological propositions. XDC’s enterprise focus might attract buyers seeking long-term value. Watch for any news on Ethereum scaling solutions or Bitcoin’s price movements, as these often influence altcoin trends.
Bitcoin and Ethereum Overview
- Bitcoin (BTC): Bitcoin is trading near $74,875, down about -5.13% in 24 hours. Despite the dip, experts like Pantera’s Dan Morehead remain optimistic, predicting Bitcoin will outperform gold over the next decade, underscoring its role as “digital gold.”
- Ethereum (ETH): Ethereum is at $2,200.72, down -6.53%. Vitalik Buterin’s recent comments on scaling highlight ongoing challenges, but also reinforce the importance of Ethereum’s network upgrades, which aim to improve speed and reduce fees.
TL;DR
Crypto prices dipped today amid a broad stock market selloff, with XRP, XLM, HBAR, FLR, and XDC all seeing moderate declines. This is a normal market reaction to risk-off sentiment. Bitcoin and Ethereum also pulled back but maintain strong long-term potential. Over the next 48 hours, expect some price stabilization as investors assess news and network developments. For new investors, this dip could be an opportunity to learn and consider the fundamentals behind each coin’s technology and use case.
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