π¨π¨π¨The market landscape today, Tuesday, February 3, 2026, is characterized by a "disorderly" but sharp recovery in safe-haven assets and a cautious stabilization in crypto following a volatile weekend.
π Crypto Market Summary
The crypto market is currently in a "stabilization phase" after a liquidity-driven sell-off over the weekend that saw Bitcoin drop from its recent highs.
* Bitcoin ($BTC): Trading near $78,900. It has found strong support around the $75,000 level but is facing immediate resistance at $80,000.
* Ethereum ($ETH): Rebounded by over 4% today to approximately $2,344, though it remains down significantly over the past week.
* Altcoin Performance: There is a mixed bag of recovery. While high-beta altcoins remain under pressure due to a strong US Dollar, Hyperliquid has been a standout performer, gaining nearly 41% over the last seven days.
* Key Driver: Recent US spot Bitcoin ETF outflows (nearly $3 billion in two weeks) have dampened momentum, as many investors who bought at the $87,000+ peak are now holding at a loss.
ποΈ Global Equity & Macro Trends
Global markets are reacting to a mix of "Trump Trade" adjustments and central bank anticipation.
* US Markets: Wall Street is showing mixed signals. Tech stocks, particularly those linked to AI, are under slight pressure, while markets digest the nomination of Kevin Warsh as the next Fed Chair.
* Indian Markets: The Sensex and Nifty 50 are performing strongly today, rallying over 1%. This is largely a "relief rally" following the India-US trade deal announcement, where President Trump reduced reciprocal tariffs on Indian goods to 18%.
* European Markets: The FTSE 100 hit a fresh record high today, bolstered by a rebound in mining giants as commodity prices recover.
π‘ Commodities: The "Wild Swing"
Precious metals are the story of the day, staging one of their most significant single-day recoveries.
* Gold & Silver: After a brutal three-day sell-off (where Silver tumbled nearly 40%), prices have surged today. Gold is up roughly 12% from its recent lows to about $4,837/oz, and Silver has jumped over 20% to around $84/oz.
* Oil: Prices remain lower (Brent at ~$66) as geopolitical tensions ease slightly following Trumpβs calls for negotiations with Iran.
π What to Watch Next
Investors are bracing for a "heavy week" of data, including:
* US January Jobs Report: Due later this week, which will dictate the Fed's next move.
* Interest Rate Decisions: Upcoming meetings from the European Central Bank and the Bank of England.
Comments