Market Report: Top 5 cryptocurrencies by decline on February 5, 2026, with Zcash experiencing the largest drop

ZEC4,28%
NEXO0,43%
BNB1,27%
IP-1,9%

Gate.io News Bot Message, February 5, 2026, according to CoinMarketCap market data, the overall cryptocurrency market is showing a correction trend, with major coins experiencing varying degrees of pullback. The following are the top five cryptocurrencies by decline over the past 24 hours:

1️⃣ ZEC (Zcash) 📉 Current Price: $250.51 | Decline: -9.74% 📊 24H High/Low: $281.87 / $247.04 | Market Cap: $4,138,400,794.66 ⚠️ Privacy coins face market correction pressure, technical indicators are under stress, leading the market in decline.

2️⃣ NEXO (Nexo) 📉 Current Price: $0.74 | Decline: -8.82% 📊 24H High/Low: $0.81 / $0.73 | Market Cap: $479,386,741.04 ⚠️ Lending platform tokens follow the market correction, market risk sentiment is rising.

3️⃣ BNB (BNB) 📉 Current Price: $694.34 | Decline: -8.38% 📊 24H High/Low: $763.90 / $687.34 | Market Cap: $94,680,671,023.04 ⚠️ Mainstream public chain tokens are adjusting, overall market risk appetite is decreasing.

4️⃣ IP (Story) 📉 Current Price: $1.27 | Decline: -8.34% 📊 24H High/Low: $1.40 / $1.27 | Market Cap: $446,836,694.38 ⚠️ Despite additional investment from Sony Innovation Fund and progress on AC’s new project Flying Tulip, the IP ecosystem still follows market adjustments, indicating short-term profit-taking.

5️⃣ MORPHO (Morpho) 📉 Current Price: $1.17 | Decline: -8.24% 📊 24H High/Low: $1.35 / $1.16 | Market Cap: $444,768,515.64 ⚠️ DeFi lending protocol tokens are adjusting in sync, the overall sector is under pressure.

📉 Market Summary: Today’s market shows an overall correction, with the top five declining cryptocurrencies fluctuating between -8% and -10%, reflecting phase profit-taking and risk sentiment adjustments. Investors should closely monitor market sentiment changes and technical support levels, and control risk exposure.

⚠️ Risk Reminder: Cryptocurrency markets are highly volatile, and investing involves risks. This message is for market information only and does not constitute investment advice. Investors should assess market risks independently and operate cautiously.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Shiba Inu Sees 157B Token Inflows as Selling Pressure Intensifies

Key Insights Over 157 billion SHIB tokens moved to exchanges within 24 hours, signaling increased selling activity and raising concerns about renewed market supply pressure. Shiba Inu trades near $0.0000055 while remaining below major moving averages, confirming that the broader market

CryptoFrontNews7m ago

Wall Street Expert Warns of 35% Stock Crash Amid US-Iran War

Ed Yardeni predicts a 35% crash in U.S. and crypto stocks amid escalating tensions in the U.S.-Iran war, with rising oil prices and changing investor sentiment. Crypto firms are adjusting strategies as the economic outlook becomes more uncertain.

TheNewsCrypto20m ago

Crypto Market Signals Recovery Despite Persistent Fear

The global crypto market shows signs of recovery, with a 0.58% increase in market cap to $2.31T and a 42.79% rise in trading volume. Bitcoin and Ethereum have both seen modest gains, while top gainers include Black Phoenix and PENGU AI. DeFi TVL dipped slightly, but NFT sales rose significantly. Key developments include concerns from an actor about Bitcoin's future and new initiatives in crypto mining from space.

BlockChainReporter24m ago

Fear And Greed Index Signals Market Anxiety As Investor Sentiment Weakens

The moods of investors in financial markets seem to go back to the cautious side. More recent evidence of the popular Fear and Greed Index indicates an increase in the uncertainty of traders and investors. It has recently lost value to 26, which suggests that the index is deep in the fear

Coinfomania34m ago

Analyst Predicts Bitcoin Could Slide to $44K After Sideways Phase

Analyst says Bitcoin could consolidate between $57K and $87K before the next major move. The analyst compared the current pattern to the 2022 cycle, when Bitcoin fell 52% before another drop. Doctor Profit expects the final bear-market bottom for Bitcoin near $44K–$50K later this year. Bit

CryptoFrontNews57m ago

Bitcoin Retreats to $66K After Hitting $74K As Oil Shortage Trembles Market Amid Middle East Conf...

Bitcoin's recent decline to $66K, influenced by escalating U.S.-Iran tensions and oil supply disruptions, showcases its volatility. As crude prices rise, investor confidence wanes, impacting risk assets like Bitcoin. The cryptocurrency's future trajectory remains uncertain amid ongoing geopolitical unrest.

BlockChainReporter1h ago
Comment
0/400
No comments