[LIVE] PulseWire Today: Latest Updates for Feb. 02, 2026 – Crypto Markets Extend Losses With ETH Down Over 7%, BTC Slips Below $75K

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Author

Jai Pratap

Author

Jai Pratap

Part of the Team Since

Jun 2023

About Author

Jai serves as the Asia Desk Editor for PulseWire.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

February 2, 2026

The cryptocurrency market remained under pressure over the past 24 hours, extending its broader downtrend even as losses narrowed slightly. Ethereum led the decline among major assets, falling more than 7% and slipping below the $2,300 level, while Bitcoin shed over 3% to briefly trade under $75,000. Most market sectors posted losses, reflecting weak risk appetite across the board. Layer 2, Layer 1, DeFi, CeFi, Meme, and PayFi sectors all declined, though select tokens such as zkSync, MYX Finance, and Ultima recorded notable gains against the trend. In contrast, SocialFi emerged as the most resilient segment, posting modest gains and standing out as the only sector to remain in positive territory amid the broader market sell-off.

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