USDE up 0.00%, BTC -2.19%, MANTRA DAO is The Coin of The Day – Daily Market Update for Feb 02, 2025

Key highlights:

  • The total cryptocurrency market cap decreased from $ 3.53T to $ 3.46T in the past 24 hours, representing a -1.91% change
  • The Bitcoin price at press time is $ 100,260 after falling by -2.19% in the last 24 hours
  • The total crypto trading volume decreased by -1.91% in the past 24 hours, and is currently at $ 355.85B
  • All prices and changes are presented at the time of publication: February 2, 2025, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.46T after a -1.91% decrease on the day. The total crypto trading volume declined by -1.91% in the same time frame.

Bitcoin is trading at $ 100,260 after seeing a -2.19% loss in the last 24 hours. The Bitcoin dominance grew by 0.16% and BTC currently represents 57.41% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.99T after losing -2.19% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by February 2, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 3,122.71 and has a market capitalization of $ 376.30B. ETH decreased by -5.39% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • Wrapped Bitcoin, which was previously ranked 10, is ranked at 9.
  • Chainlink, which was previously ranked 9, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 87% of coins lost value in the last 24 hours.

Today’s Top Gainers are Ethena USDe, MANTRA DAO, and First Digital USD

Thanks to a 0.00% price increase, Ethena USDe was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. MANTRA DAO came in second place, with 24-hour gains of -0.11%. First Digital USD, Tether and Tether Gold complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are THORChain, Fartcoin, and ai16z

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was THORChain, which saw a loss of -39.74%. Fartcoin also didn’t perform well, as its price declined by -27.51% in the last 24 hours. ai16z, Mog Coin and Brett round out today’s top 5 worst performers.

Coin of the Day is MANTRA DAO

Thanks to its impressive -0.11% performance, MANTRA DAO is today’s coin of the day! MANTRA DAO is currently trading at $ 5.23. Learn more about MANTRA DAO and its position in the market on our MANTRA DAO price prediction page.

Our technical indicators show that the current MANTRA DAO sentiment is Bullish.

Buy/Sell MANTRA DAO

Source: https://coincodex.com/article/62139/daily-market-update-for-february-02-2025/