Crypto Market Update – February 6, 2026

Welcome to your daily GhostTerminal crypto market update! Today, we dive into some exciting moves by key tokens XRP, XLM, HBAR, FLR, and XDC. Plus, we’ll give you a quick look at Bitcoin and Ethereum for context. Let’s explore what’s driving these changes and what might come next.

Focus Tokens Price Overview

• XRP (Ripple): $1.46, up 25.08% in 24 hours
• XLM (Stellar): $0.163, up 12.44% in 24 hours
• HBAR (Hedera Hashgraph): $0.0907, up 17.60% in 24 hours
• FLR (Flare Networks): $0.00996, up 16.04% in 24 hours
• XDC (XDC Network): $0.0371, up 23.36% in 24 hours

What’s Behind the Big Gains?

Ripple’s XRP leads the pack with a remarkable 25% jump. This surge comes amid growing optimism about Ripple’s expanding partnerships and potential regulatory clarity, which often boosts investor confidence. Stellar’s XLM and Hedera Hashgraph’s HBAR also saw double-digit gains, likely fueled by increased adoption news and upcoming network upgrades.

Flare Networks’ FLR and XDC Network’s XDC tokens have surged as well, possibly driven by fresh developments in their blockchain infrastructure and growing interest from institutional investors looking for scalable smart contract platforms.

Price Action Outlook (Next 48 Hours)

Given the strong 24-hour momentum across these tokens, we can expect continued positive sentiment for the short term. Ripple’s XRP and XDC might see further gains if partnership announcements or technological updates follow. However, some consolidation or minor pullbacks are normal after significant jumps, so keep an eye on volume and news flow.

Bitcoin & Ethereum Snapshot

• Bitcoin (BTC): $70,300, up 11.25% in 24 hours
• Ethereum (ETH): $2,052, up 11.08% in 24 hours

Bitcoin and Ethereum continue their strong upward trend, each gaining over 11% in the last day. This broad market strength often lifts altcoins like XRP and XLM, as confidence returns to the crypto space. Bitcoin’s leadership as the largest cryptocurrency by market cap usually sets the overall market tone, while Ethereum’s smart contract capabilities drive interest in decentralized applications.

Recent Market Drivers & News

• Galaxy Digital shares jump 18% after $200 million buyback: This move signals strong confidence from major crypto investors and can positively impact market sentiment.
• Crypto’s 401k eligibility debated after market rout: While recent losses have sparked debate, resilience shown by tokens like XRP and XLM suggests recovery potential.
• Ondo aims to rebuild prime brokerage on-chain: Innovations like these may drive demand for smart contract platforms such as FLR and XDC.

TLDR;

Crypto markets are showing strong recovery and growth today, with XRP, XLM, HBAR, FLR, and XDC all posting impressive gains between 12% and 25% in the last 24 hours. Bitcoin and Ethereum also rose over 11%, helping lift the entire market. Positive news like Galaxy Digital’s buyback and innovations in blockchain services are fueling optimism. While some short-term price corrections may occur, the overall trend points to continued momentum in the next 48 hours for these tokens. For new investors, this is a sign of growing confidence and opportunity in the crypto space.