The Cryptocurrency market showed remarkable market movements on 3 February 2025 through major price fluctuations in dominance and trading activities. The cryptocurrency market capitalization exceeded $ 3.09 trillion of its $ 319.96 billion trade volume released in addition to 32,274 digital coins in circulation.
Daily summary on February 3, 2025 $ KAS $ XDC $ on $ ada $ TAO $ ETH $ BTC $ XRP $ doge $ Sol #dailysommary #Defi #crypto pic.twitter.com/vwa0dag0eb
– Phoenix – Crypto News & Analytics (@PNXGRP) 3 February 2025
Bitcoin ($ BTC) maintained his cryptocurrency leadership position due to its price value of $ 95,024 that checked 61.0% of the total market dominance. In addition, Ethereum ($ ETH) maintained a market price of $ 2,550 and acquired a market dominance of 10.0%.
Price movement of prominent cryptocurrencies
The two assets give great attention from both liquidity and investor groups on the market. The decentralized financial sector (Defi) maintained its essential position with $ 147.69 billion in locked assets. Ethereum ($ ETH) Network costs are on 10 Gwei, which lays a favorable basis for ecosystem users who carry out transactions.
Various cryptocurrencies experienced remarkable price fluctuations in the past day. The most important artists were $ KAS registered a price current of 66.53, while $ XDC received a price spring of 43.74%. In addition, $ increased by 35.72%and $ dege laundry increased by 35.67%. $ Ada saw a modest increase of 35.67% and a price die of 34.29% with different market trends.
Liquidations during the last 24 hours
The derivaten market experienced extensive assets readings during this period. The Ethereum sector was good for the highest $ 612.26 million in derivatives liquidations and Bitcoin granted $ 411.30 million. Ripple ($ XRP) won $ 121.50 million in liquidation, while Solana ($ Sol) and Dogecoin ($ doge) lost a large market value due to $ 85.95 million and $ 90.41 million in liquidations respectively.
The current level of fear and greed is 40, which indicates a “fear” sentiment. “Market participants remain monitored because they are confronted with recent price movements in addition to general market factors.
