On February 2, 2026, several analysts detailed near-term levels for Ripple's XRP after a roughly 4% rebound to just over $1.60. Ali Martinez highlighted supports at $1.42, $1.27 and $1.06, while CryptoWZRD cited a $1.64 reclaim and a path toward $2.00 contingent on Bitcoin dominance. Spot XRP ETFs recorded another small net outflow on February 2.

At the end of the previous week, Pi Network's Core Team rolled out a technical upgrade they say will let about 2.5 million Pioneers proceed with Mainnet migration after earlier security and compliance blocks. The update batches KYC and migration fixes by user group, while more than 700,000 additional accounts are set to gain access to KYC submissions even as PI's market price hovers near a fresh all-time low around $0.1514.

Bitcoin extended its slide on Monday morning, according to CryptoPotato, hitting a multi-month low just above $74,000 before rebounding near $78,000. Altcoins fell broadly: ETH hovered near $2,300 and was 5.5% down on the day, while XMR touched $400. MYX jumped 13.5% and M rose 10%.

After a 30% climb into a multi‑week high on January 6, XRP reversed, tagging a $1.50 weekend low before rebounding to $1.67 and slipping under $1.55. As of press time it trades near $1.57, down 4% on the day and 13% week over week. The broader market's $300B–$500B drawdown and $92.92M ETF outflows added pressure.

In the latest market downturn, bitcoin slid below $75,000 and ethereum fell under $2,200, helping wipe about $500 billion from the total crypto market cap since Wednesday. Over the same period, gold and silver prices plunged from their recent peaks, erasing a combined $10 trillion in market value within a few days. Despite the severe pullbacks, the relative size of the precious metals markets suggests the crypto sector remains much smaller by comparison.

On January 31, 2026, crypto liquidations exceeded $2.5 billion over 24 hours, placing the sell-off among the top 10 events on record. Analysts attributed the weekend drop to shallow liquidity and high leverage rather than policy moves or tensions around Iran, noting three waves that wiped about $1.3 billion within 12 hours.

On January 6, XRP climbed by about 30% to a multi‑week high just above $2.40, then slid to a 14‑month low at $1.50 in the last trading week of January. Four AI systems—Gemini, Grok, ChatGPT, and Perplexity—mostly see consolidation with key levels at $1.65–$1.70 and $1.25–$1.45, and generally view a sub‑$1 move in February as unlikely without a major shock.

On Saturday, bitcoin’s price sank to just above $75,000, its lowest level since April of the previous year, erasing about $200 billion from the overall crypto market in a matter of hours. Major altcoins including ETH, XRP, and SOL suffered double-digit intraday losses, with Ethereum dropping from around $2,800 to $2,250 and XRP hitting a 14‑month low at $1.50. Although BTC later bounced to roughly $79,000, it remained down on the day, while many altcoins only managed modest recoveries.

On Saturday, Bitcoin plunged to a seven-month low just above $75,000, extending a nearly $20,000 loss over less than two weeks and closing January with a 10% decline. Analyst Merlijn The Trader argues this sharp sell-off and the extreme fear now reflected in sentiment could precede a major rally, highlighting quiet whale accumulation. He points to $78,000 as a key level that may decide whether BTC sees only a healthy pullback or a deeper move toward around $76,000.