February 2 News, global market risk appetite has weakened again. Against the backdrop of uncertain artificial intelligence prospects and simultaneous declines in precious metals and cryptocurrencies, major European stock indices are expected to open lower. Data shows that the UK FTSE 100 index may fall about 0.5%, the German DAX index nearly 1%, the French CAC 40 index around 0.8%, and the Italian FTSE MIB index may also experience a similar pullback.
This trend echoes the overnight decline in Asia-Pacific markets, with South Korea’s benchmark index leading regional markets lower. Investors are closely watching the sharp volatility in gold and silver. Last Friday, silver plummeted about 30% in a single day, marking its worst performance since 1980, after having more than doubled in the previous 12 months. Gold also came under pressure, falling about 9%. The rapid correction in precious metals has accelerated funds shifting toward defensive assets.
Weakness in cryptocurrencies has also heightened market unease. Bitcoin dropped below $80,000 on Saturday, hitting a new low since April, indicating that after intense commodity volatility, funds are further reducing risk exposure. U.S. stock index futures also declined overnight Sunday, reflecting cautious sentiment among global investors.
In the technology sector, the focus is on NVIDIA. Reports indicate that the company’s proposed $100 billion investment plan in OpenAI has been put on hold, with executives remaining cautious about the deal’s prospects. This news casts a shadow over the AI boom and also puts related concept stocks under pressure.
In Europe, several key data releases and earnings reports are scheduled for today, including Swiss Julius Baer Group’s earnings, as well as German retail sales and Spain’s new car registration data. If macroeconomic data underperform expectations, it could further amplify selling pressure.
With factors such as “European stock market decline expectations,” “global market risk aversion,” and “Bitcoin and precious metals plummeting” stacking up, short-term market volatility may intensify. Investors are closely assessing new risk boundaries.
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
MARA Signals Possible Bitcoin Sales After Treasury Policy Shift
MARA Holdings revised its policy to allow sales of existing Bitcoin reserves starting in 2026, while also reporting significant losses from trading and lending despite earning $32.1 million in interest. The company retains 53,822 BTC, having adjusted its strategy to enhance treasury flexibility amid market volatility.
CryptoFrontNews6m ago
US Spot Bitcoin ETFs Add $225M as BlackRock IBIT Offsets Redemptions
US spot Bitcoin ETFs posted mixed trading flows on Tuesday, reflecting a nuanced backdrop for the U.S. ETF market as investors weighed short-term liquidity against broader risk-off sentiment. Data from SoSoValue showed that overall spot BTC ETFs drew a net inflow of $225.2 million, highlighting
CryptoBreaking7m ago
Data: In the past 24 hours, the entire network has been liquidated for $396 million, with long positions liquidated for $232 million and short positions liquidated for $164 million.
ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $396 million, with long positions liquidated at $232 million and short positions at $164 million. Among these, Bitcoin long liquidations totaled $85.4862 million, Bitcoin short liquidations totaled $84.2659 million, Ethereum long liquidations totaled $45.905 million, and Ethereum short liquidations totaled $37.2827 million.
GateNews12m ago
Bitcoin Bottoms as 4-Year Cycle Ends, VanEck CEO Says
As investors weigh where the flagship cryptocurrency stands in 2026, VanEck’s chief executive says the market is likely near a bottom of its long-running cyclical pattern. The four-year cycle has framed price moves for years, with the reward halving compressing supply and influencing sentiment.
CryptoBreaking12m ago
Strike officially launches Bitcoin collateral credit limit service
ChainCatcher News: Bitcoin payment app Strike announced on X platform the official launch of Bitcoin collateralized credit line services. Users can borrow fiat currency in real-time for lightning payments or bill payments without selling Bitcoin to access cash flow. Currently, this service supports low-threshold lending and will initially launch in Georgia and Massachusetts, with plans to expand to more states across the United States.
GateNews15m ago
Governor Signs Bitcoin Rights Act – Indiana Teachers & Workers Now Stack Sats!
Indiana's House Bill 1042 enhances user rights for cryptocurrency by preventing discriminatory taxes and allowing self-custody of digital assets. This legislation fosters institutional adoption and signals a positive shift in governmental attitudes towards crypto, promoting innovation and market stability.
Coinfomania16m ago
