The crypto market is experiencing a sharp downturn as of January 30, 2026, with total market cap dropping below $3 trillion after a 5% decline in the last day. Bitcoin has slumped to around $83,000 amid heavy liquidations totaling $1.68 billion, mostly long positions. Ethereum is trading near $2,754, reflecting broader sell-offs influenced by U.S. Federal Reserve chair speculation.

*Key prices

Bitcoin (BTC) is at approximately $83,000–$87,820, down 1.7–6.55% in 24 hours. Ethereum (ETH) sits around $2,754–$2,942, with a 2.5–4% drop.

* MARKET MOVERS

• Top gainers include Canton (CC) up 9.46%, LayerZero (ZRO) +5.42%, and Worldcoin (WLD) +5.4% earlier before turning.

• Major losers: Pump-fun (PUMP) -10%, Chiliz (CHZ) -12.47%, Virtuals Protocol (VIRTUAL) -11.25%.

*INDIA UPDATES

India’s Madras High Court ruled cryptocurrency as “property” that can be held in trust, aiding legal recourse for investors. Tax authorities are pursuing over 400 high-net-worth individuals for undeclared Binance crypto profits. Binance remains active for Indian users, with ongoing futures trading surges on local platforms.