BlockBeats news, February 1: According to HTX market data, the cryptocurrency market experienced a widespread sell-off. Bitcoin has returned to the $70,000 range after 296 days, currently trading at $79,004, hitting a new low since April 11, 2025. Ethereum plummeted 11.8% in 24 hours, touching $2,370. SOL dropped to $100.26, and BNB fell below $800. The total cryptocurrency market capitalization evaporated 5.7% intraday, currently standing at $2.738 trillion.
Some altcoins saw significant declines, including:
SSV is currently at $3.63, down 20.7% in 24 hours;
ORDI is currently at $2.96, down 20.04% in 24 hours;
GIGGLE is currently at $36, down 19.2% in 24 hours;
BERA is currently at $0.49, down 18.8% in 24 hours;
XPL is currently at $0.102, down 18.7% in 24 hours.
