Overnight Crypto Highlights — Get the Market Focus in 1 Minute | 2/2

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February kicked off straight into hell mode — absolute devastation, screams everywhere.

1⃣ $BTC broke below $80,000, bottoming at $75,687, marking a new low since April last year.

First watch whether $75k can hold as support. If it breaks, the next stop could be $60k.

2️⃣ $ETH took a heavy hit, plunging to $2,277. Beware of secondary sell-offs triggered by whale liquidations. Any rebound is likely just an exit window — don’t get emotionally attached.

3️⃣ $SOL crashed to $101.50. Simply too weak — nothing more to say. Best move is to stay on the sidelines and wait for confirmed rebound signals.

4⃣ #Bitcoin recorded a -10.17% return in January 2026, the fifth-worst January since 2013, well below the historical average of +2.81%.

5️⃣ #Gold #Silver continue to slide. Current short funding rates:

  • XAG (silver): 300%

  • XAU (gold): 70%

Silver’s move may be over, while gold’s rally might not be finished yet — as the U.S. Dollar Index is still expected to trend lower.

6️⃣ $BULLA collapsed 90% overnight, with market cap plunging from nearly $400M at the peak to $22M. Truly wild.

7️⃣ CME FedWatch data shows an 84.7% probability that the Fed will keep rates unchanged in March.

8️⃣ Keep an eye on U.S. unemployment data and Non-Farm Payrolls this Friday — they could significantly influence the market’s next move.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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