Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
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Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
BTC/USD: Bitcoin prices breached yesterday’s immediate support level during European session Friday, leading to losses for the fifth consecutive day. Latest news confirmed that Coinbase has launched a facility wherein users can now buy and sell bitcoin with the help of British pound; earlier they had to first exchange pounds into euros and then trade euros with BTC, costing a tax of GBP10 per transaction. At the time of writing, BTC/USD traded 2.21 percent down at $7,368.50. Meanwhile, the near-term support is seen at $7,300 and resistance at $7,565.
ETH/USD: Ethereum prices hit near 4-month low, tracking general pessimism in the cryptocurrency market over the past few weeks. At the time of writing, ETH/USD traded nearly 1 percent up at $414.0, hitting day’s low of 397.84. Meanwhile, the near-term support is seen at $400.00 and resistance at $429.00.
XRP/USD: Ripple surged during Friday, at a time when most cryptocurrencies have started to settle down. News that a new U.S. Ripple-based decentralized crypto marketplace dubbed DCEX has now opened registration for retail and institutional accounts, has also added to the digital currency’s gains. At the time of writing, XRP/USD traded 2.20 percent up at $0.43978. Meanwhile, the near-term support is seen at $0.4200 and resistance at $0.4700.
BCH/USD: Lesser-known cryptocurrency exchange BitForex’s revenue model remains controversial. This can prove to be a tinge of a headache to some investors, as the model’s revenue generation is quite debatable among market participants. At the time of writing, BCH/USD traded 2.25 percent down at $714.6. Meanwhile, the near-term support is seen at $700.00 and resistance at $728.00.
EOS/USD: EOS has started recovering at the time of writing from recent lows. This is despite latest media reports that a spam attack has caused tremendous rise in transaction volume amid others hints of pessimism that continues to dig a hole in the daily performance of major cryptocurrencies. At the time of writing, EOS/USD rose 0.80 percent to $7.0748. Meanwhile, the near-term support is seen at $6.4500 and resistance at $7.3500.
