Tonight Global Risk Assets Tumble, with U.S. Stocks, Precious Metals, and Cryptocurrencies All Taking a Hit

**Global Risk Assets Slide Sharply Amid Escalating Geopolitical Tensions (Jan 29)** Geopolitical tensions flared on January 29, driving sharp declines across global mainstream risk assets: ### U.S. Equities The Nasdaq 100 extended losses to 2%, the S&P 500 fell more than 1%, and the Dow Jones Industrial Average dropped 0.5%. Crypto-related stocks led the downturn: - MicroStrategy (MSTR): -6.88% - Coinbase (COIN): -4.37% - Robinhood (HOOD): -1.67% - DraftKings (SBET): -5.12% - BMNR: -7.83% - CRCL: -7.18% ### Precious Metals Spot gold tumbled through three consecutive round-number levels in 30 minutes, last trading at $5,155 per ounce—down over $400 from its intraday high. Spot silver plummeted 8% at one point; it earlier hit $121 per ounce, now trading at $108.23 (a drop of more than $15 from its daily peak). ### Cryptocurrencies Bitcoin slid from ~$88k to ~$84,500 since the U.S. stock market opened. Ethereum briefly dipped below $2,800, SOL fell under $118, and BNB dropped below $865. ### European & Latin American Equities Germany’s DAX Index fell 2% to 24,325.51. Mexico’s main stock index erased earlier gains and was last down 1%. Note: Adjustments align with U.S. English conventions (comma-separated thousands, casual number abbreviations like "$88k", clear company name associations for tickers, and varied verb usage for readability).