Daily Crypto Market Update – January 31, 2026

Welcome to your daily crypto market briefing from GhostTerminal. Today, we focus on five key tokens: XRP, XLM, HBAR, FLR, and XDC. We’ll also provide context on Bitcoin and Ethereum — the giants that guide the broader market.

Token Prices and Performance (USD)

• XRP (Ripple): $1.62, down 6.3% in 24 hours
• XLM (Stellar): $0.1765, down 8.0% in 24 hours
• HBAR (Hedera Hashgraph): $0.0915, down 7.3% in 24 hours
• FLR (Flare Networks): $0.00955, down 5.0% in 24 hours
• XDC (XDCE Crowd Sale): $0.0345, down 4.8% in 24 hours

Why the Dip?

Most of these tokens have seen a pullback in the last 24 hours, with declines ranging from about 5% to 8%. This broad downward move comes amid a general market selloff, influenced by Bitcoin’s recent shakeup. Retail investors are selling, but interestingly, large holders — often called “whales” — are buying the dip, signaling confidence in long-term value. For example, Ripple’s XRP and Stellar’s XLM, both known for fast and low-cost cross-border payments, are adjusting after recent gains.

What to Expect in the Next 48 Hours

Given the current market mood, a short-term consolidation is likely. Prices might stabilize as buyers absorb the selling pressure. For XRP and XLM, this could mean a bounce back toward $1.65 and $0.18 respectively if whales continue accumulating. HBAR and FLR, both part of emerging blockchain ecosystems, may see steady demand as developers build on these platforms. XDC’s mild decline suggests some profit-taking but also steady interest due to its focus on enterprise blockchain solutions.

Bitcoin and Ethereum Context

• Bitcoin (BTC): $78,205, down 7.1% in 24 hours
• Ethereum (ETH): $2,416, down 10.6% in 24 hours

Bitcoin’s price drop accompanies a 12% decline in its hashrate, a measure of the network’s mining power. This is the largest hashrate dip since China’s mining ban years ago. While this may sound concerning, it often leads to network adjustments that strengthen Bitcoin’s resilience over time. Also, legendary investor Michael Saylor’s Bitcoin holdings are currently “underwater” (meaning their value is below his purchase price), but he remains calm, showing confidence in Bitcoin’s long-term potential.

Ethereum’s larger drop reflects broader market weakness but also ongoing network upgrades that aim to improve scalability and reduce fees. These upgrades generally support ETH’s future growth, even during short-term price dips.

TL;DR

Most major altcoins like XRP, XLM, HBAR, FLR, and XDC faced a 5-8% price dip amid Bitcoin’s recent selloff and declining mining activity. Despite the short-term pullback, strong buying by large investors suggests confidence in these projects. Expect some price stabilization and possible mild rebounds over the next 48 hours. Bitcoin and Ethereum’s recent moves reflect normal market cycles and ongoing technical improvements, keeping long-term optimism intact for blockchain newcomers and pros alike.