Over the past week, according to CoinMarketCap, XRP's valuation fell from $117.32 billion to $97.31 billion as the token traded near $1.59, down more than 17%. The coin also sits beneath its 50-day SMA at $1.94 and 200-day SMA at $2.44, with a 14-day RSI of 29.27 indicating oversold conditions.

By February 28, 2026, the Bitcoin Rainbow Chart, a logarithmic valuation model, maps BTC's potential price between roughly $41,800 and $459,000 across multiple risk bands. The framework marks "Basically a Fire Sale" at $41,800–$54,700 and "BUY!" at $54,700–$73,700, while a fair-value area near $120,000–$160,000 sits in the upper "Still cheap" and lower "HODL!" zones. With Bitcoin trading around $76,027 on February 4 after a weekly drop of nearly 15%, the asset remains below its 50-day and 200-day SMAs despite a deeply oversold 14-day RSI near 26.

On February 2, Michael Burry warned that Bitcoin's drop below the $80,000 support level could set off a cascading "death spiral" across crypto-linked assets and tokenized precious metals. He argued that Bitcoin now behaves like a risk asset correlated with equities, leaving leveraged positions, corporate treasuries and miners vulnerable to further declines.

Dogecoin has seen its millionaire-address cohort shrink at the start of 2026. On January 1, 2026 there were 1,052 wallets worth at least $1 million; by February 2, 2026 the count fell to 950, a 9.7% drop. Over the same span, DOGE is down nearly 15% year to date, trading at $0.11.

On February 2, Polymarket data showed a 53% chance that XRP reaches at least $1.80 in February, with only 27% for clearing $2. At press time, the token traded at $1.61 after a 24-hour drop of over 2% and a weekly slide near 15%, while some analysts warn it could approach $1 if key supports fail.

On February 1, market analyst Ali Martinez shared a weekly-chart roadmap on X for XRP, flagging resistance at $1.86 and supports at $1.38 and near $1.02 after a failed move above $3.40 and a drop below $2.52. By press time, XRP traded at $1.59, down about 4.5% daily and nearly 16% weekly.

Between January 26 and 30, BlackRock's spot Bitcoin and Ethereum ETFs saw about $1.2 billion in combined net outflows, according to Coinglass. IBIT accounted for roughly $947 million, with $318 million on January 29 and $528 million on January 30, while ETHA shed around $264 million. At press time, Bitcoin was $78,461 and Ethereum $2,415.

As XRP trades around $1.66 after a sharp decline that pushed the token below key moving averages, an AI model projects the asset could gradually recover by February 28, 2026. The system outlines base, bearish, and bullish paths, with the most probable scenario placing XRP in a $2.10–$2.25 range and a point estimate of $2.15 if broader crypto market conditions remain neutral to slightly positive.

Over the last 24 hours, the digital asset market’s total value fell to $2.65 trillion, a $200 billion decline from $2.85 trillion, according to CoinMarketCap. Bitcoin slid more than 6% toward the mid-$78,000s, while Ethereum and Solana lost over 10% and 11%, amid macro jitters and a liquidity-driven unwind flagged by The Kobeissi Letter on January 31.