📈 Crypto Market News – February 05, 2026
- Market Overview: Pre-NFP Caution The market is trading with a note of caution today. The global crypto market cap has dipped slightly to $3.53 Trillion.
Reason: Traders are de-risking (reducing leverage) ahead of the critical US "Non-Farm Payrolls" (Jobs Report) data, which will be released tomorrow morning. This data is the primary driver for Federal Reserve policy, making today a "wait-and-see" session.
- Bitcoin (BTC) Teases $99k Bitcoin briefly tapped $99,100 overnight but faced heavy selling pressure, currently trading back at $98,400.
Technical: We are inching closer to the historical $100,000 milestone. The rejection at $99k was expected as sell orders piled up, but the structure remains bullish as long as the price holds above $97,500.
- "AI Agents" Narrative Explodes The hottest sector right now is "Autonomous AI Agents" (AI interacting with blockchain).
Trend: Tokens that allow AI bots to hold wallets and execute transactions are seeing massive volume. Projects like Fetch.ai and new niche protocols are up 10-15% today, decoupling from the broader market chop.
- Ethereum (ETH) Gas Fees Low Despite the high price of assets, Ethereum gas fees remain surprisingly low (under 15 gwei).
Signal: This anomaly suggests that while trading volume is high on centralized exchanges (Binance, Coinbase), on-chain DeFi activity hasn't reached "mania" levels yet. This is often seen as a sign that the rally still has room to grow before overheating.
- Stablecoin Inflows Continue Another $500 Million in USDC has been minted and deposited into exchanges in the last 24 hours.
Interpretation: "Smart Money" is positioning cash on the sidelines, likely waiting to buy any potential dip that might occur after tomorrow's employment data release.
