{"id":67810,"date":"2026-02-09T00:35:16","date_gmt":"2026-02-09T00:35:16","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/morning-brief-asian-markets-slide-bitcoin-tumbles-amid-global-risk-off-mood\/"},"modified":"2026-02-09T00:35:16","modified_gmt":"2026-02-09T00:35:16","slug":"morning-brief-asian-markets-slide-bitcoin-tumbles-amid-global-risk-off-mood","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/morning-brief-asian-markets-slide-bitcoin-tumbles-amid-global-risk-off-mood\/","title":{"rendered":"Morning Brief: Asian markets slide, Bitcoin tumbles amid global risk-off mood"},"content":{"rendered":"

(Originally posted on : Gold News, Latest Stories & Analysis | Invezz )<\/b>
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Asian equities, cryptocurrencies, and precious metals came under renewed pressure on Friday as investors pulled back from risk assets, rattled by technology-sector weakness, credit concerns in Southeast Asia, and fresh signs of slowing momentum in the US economy. <\/p>\n

Markets across the region reflected a cautious tone, while volatility spilled into commodities and digital assets, underscoring the fragile state of global risk appetite.<\/p>\n

Asian markets retreat on tech weakness and Indonesia downgrade<\/h2>\n


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South Korean equities extended losses as investors continued to retreat from technology stocks. <\/p>\n

The KOSPI index fell 1.6%, dragging the MSCI gauge of emerging Asian equities down 0.39%. <\/p>\n

A broader index of Asian equities excluding Japan slid nearly 2% at one point.<\/p>\n

In Seoul, chipmakers Samsung Electronics and SK Hynix dropped 1.2% and 0.2%, respectively, pushing the regional information technology index about 2.4% lower. <\/p>\n

Markets were unsettled earlier in the week after AI firm Anthropic unveiled a new legal tool for its Claude chatbot, stoking fears of disruption across the information technology and software services sector.<\/p>\n

In Southeast Asia, Indonesia\u2019s Jakarta Composite Index dropped more than 2.8% in early trade after Moody\u2019s downgraded the country\u2019s credit rating outlook. <\/p>\n

The rupiah weakened to 16,878 per US dollar, its lowest level since January 22. <\/p>\n

Investor confidence has been hit by concerns over policy uncertainty under President Prabowo Subianto, a widening fiscal deficit, and central bank independence.<\/p>\n

Foreign investors pulled $1 billion from Indonesian equities in 2025, with outflows accelerating after MSCI warned of a potential downgrade to frontier-market status and Moody\u2019s outlook cut. <\/p>\n

\u201cIn the near-term, onshore financial markets are likely to witness knee-jerk weakness due to the outlook change,\u201d DBS analysts said in a report.<\/p>\n

TrumpRx website launches with focus on cash-pay drug discounts<\/h2>\n


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In the US, President Donald Trump announced the launch of TrumpRx, a direct-to-consumer website aimed at lowering prescription drug costs. <\/p>\n

Trump said millions of Americans would save money through the platform, though it remains unclear how broadly those savings will apply, especially for insured patients.<\/p>\n

\u201cYou\u2019re going to save a fortune and this is also so good for overall health care,\u201d Trump said at the launch event.<\/p>\n

The platform does not sell drugs directly but redirects consumers to drugmakers\u2019 own direct-to-consumer sites or provides discount coupons. <\/p>\n

At launch, TrumpRx features medications from AstraZeneca, Eli Lilly, EMD Serono, Novo Nordisk, and Pfizer. <\/p>\n

Analysts note that cash-pay discounts may benefit uninsured or underinsured patients most, while insured consumers may find better pricing through existing coverage.<\/p>\n

Silver and gold prices slump amid dollar strength<\/h2>\n


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Precious metals extended losses, with silver heading for its second straight weekly decline<\/a> as a stronger dollar and profit-taking weighed on prices. <\/p>\n

The renewed weakness underscored the technical damage from last week\u2019s historic sell-off.<\/p>\n

Gold plunged $187, or 3.78%, to close at $4,776.40 per ounce, falling below key support levels and moving averages. <\/p>\n

Silver dropped nearly 6% to $72.10 per ounce, after a volatile session that saw prices briefly fall more than 10%. <\/p>\n

Silver has fallen almost 16% this week, following an 18% drop last week, its largest weekly decline since 2011.<\/p>\n

Market turbulence intensified as Wall Street extended losses for a third session, while the US dollar headed for its best weekly performance since November.<\/p>\n

Bitcoin slides as risk appetite fades<\/h2>\n


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Bitcoin tumbled more than 10% toward $64,000, its weakest level since late 2024, extending a brutal week for cryptocurrencies. <\/p>\n

The selloff reversed gains built after Trump\u2019s election win, when he signaled a more supportive stance toward crypto.<\/p>\n

The broader crypto market also slid sharply, with Ether falling below $1,900 and total market capitalization dropping to about $2.29 trillion. <\/p>\n

CoinGecko data showed the crypto market has lost roughly $2 trillion since its October peak.<\/p>\n

Analysts cited ETF outflows, weakening liquidity, and fading risk appetite as key drivers. <\/p>\n

Deutsche Bank noted that US spot Bitcoin ETFs saw outflows of more than $3 billion in January, adding to selling pressure as global markets remain on edge.<\/p>\n<\/p><\/div>\n

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(Originally posted on : Gold News, Latest Stories & Analysis | Invezz ) Asian equities, cryptocurrencies, and precious metals came under renewed pressure on Friday as investors pulled back from risk assets, rattled by technology-sector weakness, credit concerns in Southeast Asia, and fresh signs of slowing momentum in the US economy. Markets across the region […]<\/p>\n","protected":false},"author":3947362390,"featured_media":67811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67810"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362390"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67810"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67811"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}