International financial markets:
• US technology stocks decline sharply: On January 27, the S&P 500 and Nasdaq Composite indices fell by 1.46% and 1.73%, respectively, due to concerns over an AI stock bubble following the emergence of low-cost AI models from China.
• Gold price volatility: The global gold price fell by more than $30/ounce in the first trading session of the week, reflecting instability in the financial market.
Cryptocurrency market:
• Bitcoin price drop: Bitcoin has decreased from $105,000 to $98,000 in less than 24 hours, equivalent to a drop of about 6.7%.
• MicroStrategy continues to buy Bitcoin: Despite market volatility, MicroStrategy has purchased an additional $1.1 billion in Bitcoin, demonstrating confidence in the long-term potential of this cryptocurrency. #Crypto 