#CryptoMarketWatch The crypto market is currently experiencing significant downward pressure and heightened volatility as we enter early February 2026. The overall sentiment is bearish, with the Crypto Fear & Greed Index hovering in the "Extreme Fear" zone (around 14-26 in recent readings), reflecting widespread caution, liquidations, and reduced risk appetite among traders and institutions.
Bitcoin (BTC) Overview
Bitcoin, the market leader, is trading around $77,000–$78,000 USD (with recent lows dipping below $77,000 and highs briefly testing near $79,000 in volatile sessions). This represen