by Coinstrooper Crypto Articles
Quick Take
  • After several days of notable decreases, the crypto market is up today.
  • It increased by 2.5% over the past 24 hours to $2.72 trillion, still unable to return above $3 trillion.
  • Moreover, 95 of the top 100 coins appreciated in this timeframe.
  • Also, the total crypto trading volume stands at $160 billion.

What Happened

Crypto Winners & Losers

Bitcoin (BTC) appreciated by 2.8%, now changing hands at $78,533.

The biggest increase is 4.5% by Lido Staked Ether (STETH), currently standing at $2,319.

Market Context

After several days of notable decreases, the crypto market is up today. It increased by 2.5% over the past 24 hours to $2.72 trillion, still unable to return above $3 trillion. Moreover, 95 of the top 100 coins appreciated in this timeframe. Also, the total crypto trading volume stands at $160 billion.

On Tuesday morning (UTC), all top 10 coins per market capitalisation have seen their prices rise.

Ethereum (ETH) is up 4.3%, now trading hands at $2,318. This is the second-highest rise in the category.

Furthermore, of the top 100 coins per market cap, 95 have posted price increases today.

Meanwhile, the US crypto market structure legislation failed to pass the US Senate, as there was no agreement on allowing exchanges to offer yield or rewards on stablecoins.

Bitunix analysts argue that delayed nonfarm payrolls data and manufacturing weakness weigh on risk assets. “Markets have clearly shifted into a phase where risk-off sentiment and deleveraging are occurring simultaneously,” they write.

Also, Nick Forster, Founder onchain options platform Derive.xyz, commented on “a bloodbath across crypto markets over the past few days.”

A combination of thin liquidity, profit-taking, and large-scale liquidations seems to be driving the selloff. This led to BTC volatility surging more than 50% from 30% on Thursday to 45%.

“Options markets are beginning to define potential downside boundaries,” he says. Based on recent flow and open interest, BTC support is forming around $70,000.

The past 24 hours have seen heavy put buying across the $78,000-$74,000 strikes for the 27 February expiry. “Open interest for this tenor shows a notable concentration between $70,000 and $75,000, signalling where traders are bracing for further downside.”

Why It Matters

Dogecoin (DOGE)’s 4% is next, climbing to $0.1068.

The smallest increase among the top 10 is 0.3% by Tron (TRX), changing hands at $0.2833.

Details

Four of these saw double-digit increases, the highest of which is Hyperliquid (HYPE)’s 22.6% to $37.

It’s followed by Kinetiq Staked HYPE (KHYPE), with a 22.4% rise to $37.

On the other hand, the only two coins that recorded drops above 1% are Monero (XMR) and Zcash (ZEC). They’re down 5.6% and 4.7% to $374 and $288.

The Monday meeting saw crypto industry groups, exchange representatives, and Wall Street bankers coming together for a discussion.

According to people familiar with the matter, White House wants the participants to reach a compromise on stablecoin yields by the end of this month.

‘Defining Potential Downside Boundaries’

The January 2026 Nonfarm Payrolls report in the US, scheduled for release this Friday, has been postponed due to a partial US government shutdown.

At the same time, BTC skew plunged from -2% to -8%, before recovering modestly to -4%, which is “a clear sign that traders aggressively scrambled for downside protection,” Forster says.

“Broader macro concerns are compounding crypto’s weakness,” he adds. “Fears around an overheated tech sector, highlighted by Microsoft’s 10% drop last week, and lingering unease over AI-driven exuberance are weighing heavily on high-beta assets.”