the cryptocurrency market is experiencing a significant Black Sunday crash, characterized by heavy liquidations and a sharp decline in major assets. The downturn follows a turbulent end to January, driven by macroeconomic uncertainty and a massive sell off in precious metals (gold and silver) that has spilled over into high-risk digital assets.
Market Snapshot Bitcoin (BTC): Tumbled below the critical $80,000 support level, trading around $78,400. This is the first time BTC has broken below its multi year cost basis for many institutional holders since early 2025. Ethereum (ETH): Experienced a sharp 10% drop, currently trading near $2,440. Solana (SOL): One of the hardest hit among large caps, falling over 11% to roughly $105.
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Feb 1 2026
the cryptocurrency market is experiencing a significant Black Sunday crash, characterized by heavy liquidations and a sharp decline in major assets.
The downturn follows a turbulent end to January, driven by macroeconomic uncertainty and a massive sell off in precious metals (gold and silver) that has spilled over into high-risk digital assets.
Market Snapshot
Bitcoin (BTC): Tumbled below the critical $80,000 support level, trading around $78,400. This is the first time BTC has broken below its multi year cost basis for many institutional holders since early 2025.
Ethereum (ETH): Experienced a sharp 10% drop, currently trading near $2,440.
Solana (SOL): One of the hardest hit among large caps, falling over 11% to roughly $105.