Market Overview - US stock index futures have expanded their decline, with Nasdaq futures dropping by 1% [1] - Spot silver continued its downward trend, with an intraday drop of 10%, while spot gold fell by 3.33% [1] - As of the report, spot silver was down over 3% and spot gold had decreased by 1.77% [1] Cryptocurrency Market - Major cryptocurrencies, including Bitcoin, have seen significant price declines due to hawkish expectations regarding the Federal Reserve's monetary policy [2] - Bitcoin fell below $76,000, with an intraday drop exceeding 2% [2] - Ethereum's price dropped to $2,354.67, with a maximum decline of nearly 7% in the past 24 hours [4] - A total of 166,470 individuals were liquidated globally in the last 24 hours [4] Economic Implications - The market's strong expectation of hawkish monetary policy following President Trump's nomination of Kevin Walsh as the next Federal Reserve Chair has led to a stronger dollar and significant pullback in precious metals [6] - Analysts suggest that cryptocurrencies are no longer viewed as a hedge against currency depreciation but rather as an over-speculative asset, which may lead to a retreat in speculative trading once loose monetary policies end [6]

Group 1 - The core viewpoint of the article highlights a significant decline in precious metals and cryptocurrencies, driven by hawkish expectations regarding the Federal Reserve's monetary policy [7] - U.S. stock index futures have expanded their losses, with Nasdaq futures dropping by as much as 1% [1] - Spot silver has continued its downward trend, with intraday losses reaching 10%, while spot gold has decreased by 3.33% [2] Group 2 - As of the latest data, spot silver is priced at $81.83, reflecting a decline of 3.08% from its opening price of $80.56 [4] - Spot gold is currently trading at $4,774.24, down 1.77% from its previous average price [3] - Bitcoin has fallen below $76,000, with an intraday drop exceeding 2%, indicating a broader sell-off in high-risk assets [4][7] Group 3 - The market has seen over 166,000 individuals liquidated in the past 24 hours, with total liquidations amounting to $477 million [6] - The expectation of a hawkish monetary policy under the newly nominated Federal Reserve Chairman Kevin Walsh has led to a stronger U.S. dollar and a significant pullback in precious metals [7] - Analysts suggest that cryptocurrencies are no longer viewed as a hedge against currency depreciation but rather as speculative excess assets [7]

Market Overview - US stock index futures expanded their decline, with Nasdaq futures dropping by as much as 1% [1] - Spot silver continued its downward trend, with intraday losses reaching 10%, while spot gold fell by 3.33% [2][11] - Bitcoin prices fell below $76,000, with an intraday drop exceeding 2% [4][12] Precious Metals and Cryptocurrency - As of the latest update, spot silver was priced at $81.83, down 3.08% from an opening price of $80.56 [3][11] - The price of Ethereum dropped to $2,354.67, with a maximum decline of nearly 7% over the past 24 hours [5][13] - The market experienced significant sell-offs in high-risk cryptocurrencies, attributed to hawkish expectations regarding the Federal Reserve's monetary policy [8][16] Market Sentiment - Analysts noted that the nomination of Kevin Walsh as the next Federal Reserve Chairman has led to strong hawkish expectations, strengthening the US dollar and causing a significant pullback in precious metals [16] - The perception of cryptocurrencies as speculative excess rather than a hedge against currency depreciation has intensified, leading to a retreat in speculative trading once loose monetary policies are expected to end [16]

Core Viewpoint - The prices of major cryptocurrencies, including Bitcoin and Ethereum, experienced significant declines on January 31 due to market expectations of a "hawkish" monetary policy from the Federal Reserve, influenced by the nomination of Kevin Walsh as the next Fed Chair by President Trump [1][2]. Group 1: Cryptocurrency Price Movements - Bitcoin's price fell to $77,082.48, with a maximum decline of 8.32% in the past 24 hours [1]. - Ethereum's price dropped to $2,354.67, experiencing a maximum decline of 12.84% within the same timeframe [1]. - Other cryptocurrencies such as Solana, Dogecoin, and Binance Coin also saw significant price drops [2]. Group 2: Market Influences - The market's strong expectation of a hawkish monetary policy from the Federal Reserve has led to a stronger US dollar and a significant pullback in precious metal prices [2]. - The announcement of Kevin Walsh's nomination as the next Fed Chair has intensified these hawkish expectations, prompting sell-offs in high-risk and high-volatility assets like cryptocurrencies [2].

Core Viewpoint - The prices of major cryptocurrencies, including Bitcoin and Ethereum, experienced significant declines on January 31 due to market expectations of a "hawkish" monetary policy from the Federal Reserve, following the nomination of Kevin Walsh as the next Fed Chair by President Trump [1] Group 1: Cryptocurrency Price Movements - Bitcoin's price fell to $77,082.48, with a maximum decline of 8.32% in the past 24 hours [1] - Ethereum's price dropped to $2,354.67, with a maximum decline of 12.84% in the past 24 hours [1] - Other tokens such as Solana, Dogecoin, and Binance Coin also saw significant price drops [1] Group 2: Market Analysis - Analysts believe that the market's expectation of Walsh's "hawkish" monetary policy has led to a stronger dollar and a significant pullback in precious metal prices, resulting in a sell-off of high-risk, high-volatility cryptocurrencies [1] - Marcus Tielen, founder of 10x Research in Singapore, stated that cryptocurrencies are no longer viewed as a hedge against currency depreciation but rather as "over-speculative assets" [1] - The end of loose monetary policy is expected to lead to a retreat in speculative trading in cryptocurrencies [1]

Core Viewpoint - The prices of major cryptocurrencies, including Bitcoin and Ethereum, experienced significant declines on January 31 due to market expectations of a hawkish monetary policy from the Federal Reserve following the nomination of Kevin Walsh as the next Fed Chair by President Trump [1]. Cryptocurrency Market Impact - Bitcoin's price fell to $77,082.48, with a maximum decline of 8.32% in the past 24 hours [1]. - Ethereum's price dropped to $2,354.67, with a maximum decline of 12.84% in the past 24 hours [1]. - Other cryptocurrencies such as Solana, Dogecoin, and Binance Coin also saw substantial price drops [1]. Market Sentiment Analysis - Analysts suggest that the market's expectation of Walsh's hawkish monetary policy has led to a perception of cryptocurrencies as speculative excess assets rather than a hedge against currency depreciation [1]. - The end of loose monetary policy is anticipated to lead to a retreat from speculative trading in cryptocurrencies [1].