Crypto Market Cap Falls Below $3 Trillion as Bitcoin Drops to $83,383

Crypto market capitalization fell below $3 trillion on Jan. 30, down 5.1% in 24 hours to $2.953 trillion, HTX market data show. Bitcoin dropped to $83,383 and last traded at $84,646, while Ethereum touched $2,754 and stood at $2,821. Altcoins led declines, with XVS down 25.3% to $3.39, WLD down 25.1% to $0.48, FOGO down 16.8% to $0.035, CHZ down 15.8% to $0.0477, and SOMI down 15.4% to $0.2508. Crypto-linked U.S. equities extended losses: Strategy (MSTR) fell 9.63%, Coinbase (COIN) 4.89%, Circle (CRCL) 7.24%, MARA Holdings (MARA) 4.92%, Riot Platforms (RIOT) 3.3%, BitMine Immersion (BMNR) 9.91%, and SharpLink Gaming (SBET) 6.02%, Bitget market data show.