Markets recover as Bitcoin and Ethereum rebound, DeFi tokens surge, and analysts signal a potential crypto bottom.

📈 Crypto Market Bounces Back After Correction

The cryptocurrency market is showing signs of recovery today, February 3, 2026, with a 2.5% increase in total market capitalization, now standing at $2.72 trillion. While still below the key $3T mark, nearly 95 of the top 100 coins have turned green over the past 24 hours, signaling renewed investor optimism.

Read full update from CryptoNews.com.

🟩 Bitcoin Steady Near $79K, Ether Holds Above $2.3K

Bitcoin (BTC) is trading near $79,000 after retracing from recent highs. Ethereum (ETH) has seen a 4.6% rebound over 24 hours, now stabilizing above $2,300 after touching lows near $2,160 last week.

Despite the rebound, analysts warn of a possible dip to $1,500 if bearish metrics continue, particularly as a key bullish indicator has dropped by 90%.

Track live prices and analysis here.

🔥 DeFi Sector Leads Gains with HYPE and MORPHO

The DeFi sector is outperforming the broader market today. According to SoSoValue data:

• Hyperliquid (HYPE) surged by 19.85%
• Morpho (MORPHO) gained 9.10%
• Overall, the DeFi index rose by 3.53%

Such recovery highlights rising interest in decentralized applications following January’s sell-off.

📉 XRP Struggles Despite Potential Rebound

XRP remains under pressure amid ETF outflows and waning investor sentiment. The token continues its month-long downtrend, but some analysts see a potential rebound opportunity if short-term resistance levels are broken.

Read the XRP analysis here.

💡 Tom Lee: Bitcoin’s Moment May Be Near

Veteran analyst Tom Lee remains optimistic, stating that Bitcoin may be approaching a turning point. He points to macroeconomic catalysts — including money flowing into gold and silver — as potential indicators of an upcoming crypto resurgence.

Explore Tom Lee’s macro view.

📊 Market Outlook & Takeaways

• Market Cap: $2.72T (+2.5%)
• BTC: ~$79K
• ETH: ~$2.3K
• DeFi: +3.53%

While today’s bounce is encouraging, investors should remain cautious amid ongoing volatility and critical resistance levels. Short-term gains could be tested if macro or regulatory news disrupts the recent momentum.

🚀 Ready to Take Advantage of the Rebound?

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