The crypto market is experiencing a widespread sell-off, with Bitcoin returning to the $70,000 range for the first time in nearly 300 days, and Ethereum plunging 11.8% in 24 hours.
February 1st — According to HTX market data, the cryptocurrency market saw a sharp, broad-based drop on Thursday. Bitcoin re-entered the $70,000 price range after 296 days and is currently trading at $79,004. Ethereum plunged 11.8% over the past 24 hours, hitting $2,370. SOL fell to $100.26, while BNB dropped below $800. The total crypto market capitalization shrank 5.7% in a single day, now standing at $2.738 trillion. Several altcoins posted notable losses, including: - SSV: Trading at $3.63, down 20.7% in 24 hours; - ORDI: Now at $2.96, a 20.04% 24-hour drop; - GIGGLE: At $36, off 19.2% over the past day; - BERA: Currently $0.49, down 18.8% in 24 hours; - XPL: Trading at $0.102, a 18.7% 24-hour decline.
Dips like this are where legends get built. BNB holding strong under $800? That's entry fire for the real ones. Bull mindset forever – send it when the dust settles