Crypto Daily | 02/03/2026

1️⃣ Major Currency Price Movements
• Bitcoin (BTC): $65,762.26 (-1.9%) after failing to hold the $68,000 level set yesterday. Short-term profit-taking pressure is increasing.
• Ethereum (ETH): $1,940.45 (-1.3%), with narrower fluctuations than BTC but still influenced by overall market sentiment.
• Altcoins:
- Solana (SOL) up >10%
- XRP up >10%
- Cardano (ADA) up >10%
Technical recovery indicates speculative capital is returning to large-cap tokens after a strong correction at the end of the week.
2️⃣ Global News Impacting the Market
• Middle East Tensions: Following US and Israel airstrikes, Iranian media confirm the death of Supreme Leader Ali Khamenei.
• The market initially reacted negatively but quickly recovered as expectations of de-escalation emerged due to the power vacuum in Tehran.
• US Macroeconomics: Risk sentiment slightly improved thanks to market stabilization efforts. However, US spot Bitcoin ETFs continue a 5-week outflow streak, led by BlackRock’s iShares Bitcoin Trust.
3️⃣ Notable Market Data
• Derivatives Liquidation: Over $500 million in (long positions) liquidated during sharp volatility.
• Fear & Greed Index: 11–14 points (Extreme Fear) → retail investors remain extremely cautious.
• Market Forecast: Polymarket records a record volume of $478 million, mostly related to political scenarios in Iran.
4️⃣ Short-term Outlook
• The market shows signs of technical rebound but overall sentiment remains weak.
• Institutional capital is shifting towards a defensive stance, partly moving into gold – a safe-haven asset establishing new record price levels.
⚠️ Expected volatility remains high in the short term; prioritize risk management and avoid excessive leverage during this sensitive geopolitical period.