Markets Eye Fed Nominee Dynamics as Crypto Weakens: Bitcoin Down 5% and Most Large-Caps Trade Lower
The global cryptocurrency market cap now stands at $BTC 2.66T, down by 4.95% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $BTC 75,720 and $BTC 83,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $78,685, down by 5.25%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include ZKP, ZK, and C98, up by 36%, 22%, and 20%, respectively. Crypto Market Watch – Today: Trump Seeks Democratic Support for Fed Nominee Warsh Cryptocurrency Market Sees Mixed Performance on February 1 Silver ETF Trading Volume Surpasses Major Stocks Bitcoin Accumulation Indicator Falls Below Key Threshold Middle Eastern Investment in Trump-Linked Crypto Firm Revealed South Korea to Implement U.S. Investment Legislation Promptly, Says Minister Japanese Prime Minister Clarifies Remarks on Yen Depreciation India's Budget Focuses on Financial Stability and Emerging Technologies India's National Stock Exchange Updates Pricing for Gold and Silver ETFs Nvidia CEO Commits to Significant Investment in OpenAI Market movers: ETH: $2413.44 (-8.60%) BNB: $777.58 (-7.15%) XRP: $1.6543 (-2.50%) SOL: $105.05 (-9.24%) TRX: $0.2867 (-1.51%) DOGE: $0.10552 (-5.54%) WLFI: $0.123 (-16.10%) WBTC: $78397.53 (-5.38%) ADA: $0.2954 (-4.86%) BCH: $523.4 (-2.68%)
TRON is holding strong around $0.2913, and the structure is starting to lean bullish. Buyers are defending the zone while price compresses — the kind of setup that often leads to expansion.
🟢 Buy Zone: 0.288 – 0.293 This is the demand pocket where bulls are stepping in and absorbing sell pressure.
🔴 Stop Loss: 0.281 Below this level, bullish structure weakens and momentum shifts.
🎯 Targets: TP1: 0.305 – First breakout reaction zone TP2: 0.318 – Momentum extension level TP3: 0.335 – Full breakout expansion target
Price is building higher lows while volatility tightens — classic pre-breakout behavior. If volume steps in, TRX could push fast once 0.300 flips to support.
Risk managed. Plan clear. Let the market do the rest. ⚡📈
“Binance DID NOT cause the $BTC 19B crypto crash,” Changpeng Zhao blasts back at critics! 💥
Amid claims that Binance’s price feeds and system stress triggered October’s massive $BTC 19B liquidation cascade, CZ calls the accusations “far-fetched.” He insists the crash wasn’t engineered by Binance — it was the result of market-wide leverage and panic, not one platform. 📉⚠️
Yes — Binance felt the heat, and reportedly paid ~$600M in compensation to affected traders. But CZ frames that as responsibility, not guilt. 🤝
With crypto markets more fragile than ever and exchanges under the microscope, the blame game is just getting started…
Who’s really at fault — shaky leverage or exchange mechanics? 🔍🔥