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The US ISM Manufacturing Purchasing Managers Index (PMI) rises to 52.6 in January 2026 and crosses the critical 50 level for the first time in a year, signaling a shift.

January data indicates a transition from contraction to growth. Investors and analysts are now examining the relationship between manufacturing PMI trends and Bitcoin price cycles.

US PMI Surpasses Growth Threshold After a Yearly Decline

The US ISM Manufacturing PMI stands out as a closely watched economic indicator that provides an early snapshot of the health of the US manufacturing sector. The index is released by the Institute for Supply Management (ISM).

As XRP enters February under the influence of selling pressure, it continues to tread water in a decline that has lasted for over a month. The recent sharp pullback has further strengthened the bearish sentiment among investors and has led to increased pressure in both the spot market and related investment products.

This weakness has also reflected in XRP's dedicated cryptocurrency exchange-traded funds (ETFs): The volatility in fund inflows and outflows indicates that investors are being cautious. However, when delving deeper, some signs of stability have begun to emerge. Depending on these signs, will the XRP price continue its decline or recover; the answer may be hidden here.

Litecoin (LTC) has lost nearly 60% of its value since last year's peak and has returned to the lowest levels seen in previous market cycles. While negative pressure in the market continues to increase, Litecoin, despite still being among the most liquid altcoins, is struggling to overcome these challenges.

However, several indicators reveal that interest in LTC has not yet faded. Although this does not mean an immediate price increase, it provides resistance opportunities for Litecoin, allowing it to hold until a recovery opportunity.

January 2026 is a turning point for stablecoins: The total on-chain transaction volume surpasses 10 trillion dollars in just one month. Leading this wave is USDC, leaving its competitors far behind with over 8.4 trillion dollars in payment transactions, even overshadowing the combined monthly payment volumes of Visa and Mastercard.

Despite this record growth, USDC's issuer Circle continues to experience a deep disconnect between on-chain numbers and market valuation.

Bitcoin is facing selling pressure again recently and after a sharp pullback, the price is dropping below the 80,000 dollar level. In this decline, the overall market weakness and increasing risk aversion are influential.

Although large wallet holders take a defensive position, some on-chain bullish signals indicate that Bitcoin may be preparing for a short-term recovery during this period of saturation in selling pressure.

The cryptocurrency market crash at the end of January has reignited concerns about leverage, liquidity, and the stability of cryptocurrency exchanges in the sector. For many traders, this development has brought back memories of the significant sell-off wave in October and has once again raised scrutiny towards Binance and its ecosystem.

As criticisms resurface, attention is focused on how the tokens within the Binance ecosystem behave under pressure.

The price movements of these tokens and on-chain data can indicate whether confidence in the market has been restored or quietly diminished.

The HYPE token of Hyperliquid has become the most profitable asset in the cryptocurrency market, rising by over 20%! During this period, when the HyperCore team announced support for the HIP-4 proposal that will bring 'outcome' trading, activity is at its peak.

This development is a strategic step for the decentralized perpetual futures platform. Because Hyperliquid wants to take a share from this rapidly growing sector.

Hyperliquid's HIP-4 Proposal Has Brought HYPE to a 2-Month High

According to market data, HYPE rose by 22.39% in the last 24 hours, far surpassing the overall market increase of 3.6%. With this performance, it ranked first among the top 100 cryptocurrencies according to CoinGecko.

The sharp wave of Bitcoin sales at the end of January has intensified discussions about whether the market is nearing a cyclical bottom or if a new downtrend has begun.

According to Alex Thorn, head of research at Galaxy Digital, recent price movements indicate that downward risks in Bitcoin remain high. He anticipates that Bitcoin could approach its long-term technical support levels in the coming weeks or months.

Galaxy Digital: Warning That Bitcoin Could Approach Long-Term Support at $58,000

Bitcoin is starting February with a tough beginning; while negative investor sentiment continues, the liquidity of the cryptocurrency market is also weakening. However, recent data indicates that the selling pressure is gradually decreasing and signs of recovery are beginning to emerge.

Although these signals are not strong enough yet to confirm a clear reversal, they stand out as one of the few positive developments in the current period.

Bitcoin: 3 Reasons It Could Quickly Recover Below $80,000

U.S. spot Bitcoin ETF buyers are emerging as investors expected to provide stable and long-term demand for the leading cryptocurrency. However, current data shows that this group of investors is now facing significant unrealized losses; moreover, no new wave of demand is visible on the horizon.

This table reveals a slow downward decline in Bitcoin, highlighting the most critical break since the post-ETF period.

Bitcoin Investors are at a loss as it falls below the $84,000 cost.

Tokenized assets were in the same basket as many other cryptocurrency ideas for a long time: interesting, promising, but always concepts that were postponed with the phrase 'one day in the future.' Discussions about moving shares or gold to the blockchain were framed as, just like mass adoption, 'it will happen one day, but when?'

Now we have reached the year 2026, and things no longer seem as theoretical as before. Tokenization has not completely taken over the financial world, but it has moved beyond just an idea. It has started to show itself in real products, becoming part of the market transformation after years of trial and error and a lot of noise.

Asian stock markets and precious metals are experiencing a rapid recovery on Tuesday after their sharpest two-day declines since April, but Bitcoin's recovery is still lagging behind.

This separation reveals a picture that has been ongoing since late 2025: While the flow of capital into traditional assets continues unabated, the cryptocurrency market is unable to achieve the same performance.

Asian Markets Recorded Strong Gains

The MSCI Asia Pacific Index rose by 2.2%, recovering most of Monday's losses. The South Korean KOSPI index led the region with a strong increase of 5.63%, while Japan's Nikkei 225 index rose by 3.90% and India's Sensex index increased by 2.70%.

Following Ripple's new regulatory breakthrough in Europe, XRP rises by approximately 3%. The company officially announced that it has received full approval for the Electronic Money Institution (EMI) license in Luxembourg.

This significant development represents a key milestone in Ripple's strategy to expand its digital asset solutions in European markets.

Ripple's Growth in Europe Accelerated with EMI License Approval

Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), fully granted Ripple the EMI license after it met all regulatory conditions set by the CSSF. This decision follows the preliminary approval given in January.

When Bitcoin briefly dipped below $76,000 this week, Strategy shares experienced a 7% drop. This situation has brought back to the forefront an undeniable structural reality: The total of 713,502 BTC held by the company is currently exactly at its cost basis.

This reality is transforming the BTC that once sat in the company's vault into a reference point that shapes the market.

The Moment When Size Transforms Into Structure

Previously known as MicroStrategy, Strategy holds approximately 3.57% of Bitcoin's total supply. This intensity indicates that the company has moved from being a large BTC holder to becoming the very structure of the market.

Solana is giving its first signs of stabilization after a severe market crash. In the last seven days, SOL has lost approximately 15.5% of its value. The overall wave of selling between January 31 and February 1 accelerated the decline further.

At its lowest point, the price of Solana dropped to 95.87 dollars, finding support there. Since that day, the price of Solana has recovered nearly 8%, currently trading around 103.15 dollars.

This recovery has erased most of the daily losses. More importantly, this response is supported by improvements in capital inflows and the patient behavior of long-term investors. These signals indicate that strong buyers have entered the market. However, risks are still on the table. Now, for this recovery to turn into a lasting upward trend, one critical level stands out: 120 dollars.

The Clarity Act negotiations, led by the White House, ended without an agreement on Monday. Reason: The cryptocurrency sector and bank lobbyists could not agree on stablecoin yields. Additionally, the revelation of a $500 million investment by a UAE official in President Donald Trump’s family cryptocurrency venture further complicated the future of the legislation.

The Clarity Act is actually being prepared to bring regulatory clarity to America's cryptocurrency markets. However, it has now turned into an issue overshadowed by corruption allegations; this situation could jeopardize the administration's priorities regarding cryptocurrency and could also steer the future of digital finance in a completely different direction.

The XRP price is attempting to stabilize after a sharp sell-off across the market. The token briefly fell to the $1.50 level before rebounding to $1.61. This movement came after the overall breakout between January 31 and February 1. At first glance, there is a technical recovery vibe, and it could perhaps be the beginning of a larger move.

However, on-chain and flow data indicate that this recovery is weak. Currently, the buyers supporting XRP are mostly short-term traders. There is still a noticeable weakness in the overall demand. Three indicators clearly show why this recovery may remain subdued.

The newly released Epstein files show that a "major discussion" regarding Jeffrey Epstein's purchase of the blockchain analysis company Neutrino by Coinbase in March 2019 was conveyed to him via email.

This email dated March 12, 2019, was sent by Richard Kahn, a New York-based financial consultant seen as a source frequently providing news and analysis in the Epstein files.

The subject line of the email references allegations attributed to Kraken's CEO and mentions Ripple's XRP in conjunction with Neutrino.

As February begins, altcoins are gaining strength again, and some tokens have started to approach all-time highs (ATH). Strong momentum, rising entries, and positive technical signals have brought certain names onto investors' radar.

Therefore, BeInCrypto analyzed three altcoins that flirted with a new ATH in the first week of February in detail.

Rain (RAIN) price and current analysis

At the time of writing, RAIN is trading at a level of $0.0094 and continues to remain below the resistance of $0.0100. The altcoin is close to its ATH of $0.0105 with a difference of about 11%. The price's compression around significant resistance indicates that buyers are starting to test higher levels.

The recent wave of sales in Bitcoin is surpassing a classic technical correction. The selling pressure is approaching a critical level that directly affects the mining economy: this is a situation that changes the market's risk profile.

Bitcoin, which is around 70,000 dollars, is moving from a market entirely managed by traders to a level determined by the network economy, miner behaviors, and the risks of forced sales. Currently, this level is much more important than any trend line or moving average.