🚨🚨🚨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.

📉 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.

🏛️ 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.

🟡 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 Trump’s calls for negotiations with Iran.

🔍 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.

$iShares Bitcoin Trust(IBIT)$  $SPDR S&P 500 ETF Trust(SPY)$  

# Bitcoin Back After Hitting 10-Month Low: Dead-Cat Bounce or Trend Reset?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet