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
CleanSpark sells 405 spot BTC in March, increasing its Bitcoin holdings to 13,561 BTC
CleanSpark, a clean-energy Bitcoin mining company, has released its March operating report, showing it mined 658 BTC during the month and sold 405 units of spot and 500 units of options BTC. As of March 31, it held 13,561 BTC, had deployed about 224k mining machines, and had a hashrate of 50.0 EH/s.
GateNews32m ago
AVAX One builds a 10MW AI computing center in Canada, purchasing 220 BTC mining rigs as a stopgap.
AVAX One Technology announces it will advance its AI infrastructure strategy, signing a 10MW microgrid data center FEED plan located in Alberta, using low-cost natural gas power. At the same time, it invests in the purchase of 220 Bitmain mining machines to increase computing power, forming a dual-track layout of “mining + AI.”
GateNews33m ago
Bitcoin quantum threat is real and closer than it looks, says Nobel physicist
A Nobel Prize–winning physicist who helped build Google’s quantum computers warned that Bitcoin BTC$68,399.76 may be among the earliest real-world targets of the technology.
In an interview with CoinDesk, Dr. John M. Martinis said recent Google research showing how a quantum computer could break
CoinDesk1h ago
Nobel Prize in Physics laureate warns: quantum computing could crack Bitcoin private keys within minutes
Former Google quantum hardware head John Martinis warns that Bitcoin could become a target for quantum computing attacks. Quantum computers could derive Bitcoin private keys within minutes, posing a greater threat than traditional financial systems. He recommends that the community plan quantum-resistance upgrades as early as possible to address threats over the next 5 to 10 years.
GateNews1h ago
