Weekend selloff wipes out $290 billion before bitcoin steadies: Crypto Markets Today

Over the course of the weekend, a significant selloff in the cryptocurrency markets resulted in the loss of an astonishing $290 billion in market capitalization. This massive decline sent shockwaves through the industry, causing many investors to reevaluate their positions and strategies. However, after the turbulent weekend, Bitcoin has begun to stabilize, showing signs of recovery as traders cautiously assess the market environment. The overall sentiment in the crypto trading community remains mixed, with some expressing optimism while others remain wary amid ongoing volatility. For today, the focus remains on the latest trends and developments within the cryptocurrency markets. source: https://www.coindesk.com/markets/2026/02/02/weekend-selloff-wipes-out-usd290-billion-before-bitcoin-steadies-crypto-markets-today