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

ZEC-4,88%
NEXO0,56%
BNB-2,07%
IP-5,76%

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

Aster Price Nears $0.79 Breakout as Reversal Pattern Strengthens

Key Insights Aster price structure shows an inverse head and shoulders pattern forming beneath $0.79 resistance, signaling growing buying pressure and possible trend reversal ahead. Repeated tests of the $0.79 neckline suggest weakening selling pressure as buyers steadily absorb supply

CryptoFrontNews2h ago

The HYPE price could surge despite the upcoming $2.8 million short squeeze.

The recent price movements of Hyperliquid (HYPE) are characterized by stagnation around 30 USD. A symmetrical triangle pattern indicates potential for a breakout in either direction, but market sentiment is cautious. Short squeeze risks may boost prices, while weak market flow and deteriorating demand pose challenges. The token could face significant support levels if it dips below 30 USD. An improved market sentiment could lead to a breakout above 33 USD, sparking recovery momentum.

TapChiBitcoin2h ago

Ethereum Price Holds Key Support: Is $2,200 the Next Test for ETH?

March 6, 2026 7:15 pm EST

TheCoinRepublic4h ago

Cardano Price Trends: Bulls Eye Opportunity as Indicator Flashes Green

ADA: Trading near $0.27, facing resistance at $0.28 and support at $0.26. Technical Indicators: RSI and MACD show weak momentum, signaling short-term consolidation and cautious trading. Macro Outlook: Rising PMI and historical patterns suggest potential bullish rebound if resistance

CryptoNewsLand5h ago

CryptoQuant: Bitcoin NUPL--MVRV indicator reaches 0.33, or has entered the mid-stage of a bear market

Gate News Announcement, March 7th, CryptoQuant analyst Axel pointed out on the X platform that the Bitcoin NUPL--MVRV harmonic composite indicator has reached 0.33, while historical cycle bottoms typically occur around the 0.5 range. The chart shows that the bear market cycle is beginning to shift upward, indicating that Bitcoin may have entered the mid-stage of this bear market cycle, suggesting that extreme selling conditions are easing. However, this indicator is still well above historical bottom levels, implying that a market-wide bottom has not yet been confirmed.

GateNews5h ago

ZEC Price Analysis: Upcoming Trends and Targets for the Next Few Weeks

ZEC: Stabilized near $200 support, rebounding toward $250 resistance after prolonged bearish pressure. Technical Indicators: RSI and MACD show gradual improvement, signaling moderate bullish momentum returning. Market Outlook: Sustained above $240 could push ZEC toward $268, while

CryptoNewsLand6h ago
Comment
0/400
No comments