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Market Heads Lower on Wall Street as ASX Set to Open Weak, Bitcoin Slumps

Feb 3, 2026

negative

Market Heads Lower on Wall Street as ASX Set to Open Weak, Bitcoin Slumps

Equity markets showed signs of strain Tuesday as major indices pulled back and Asian markets anticipated a weak session following a sell-off in key tech and AI names. Bitcoin slipped to a multi-month low, reinforcing risk-off sentiment among traders and prompting rotation into defensive assets like precious metals and commodities amid renewed volatility in global benchmarks.

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