Asian stock markets and gold rebounded strongly, but Bitcoin's weekly decline was twice that of gold.

February 3 News, Asian stock markets and precious metals experienced their most severe two-day decline since April but have now rebounded, although Bitcoin’s recovery pace remains noticeably lagging. Market divergence has intensified, indicating that traditional assets continue to attract funds while digital assets remain under pressure.

Data shows the MSCI Asia Pacific Index rose 2.2%, South Korea’s KOSPI surged 5.63%, Japan’s Nikkei 225 increased 3.90%, and India’s Sensex gained 2.70%. The Hong Kong Hang Seng Index and Shanghai Composite also turned positive. The rebound in tech stocks has boosted risk sentiment, with Nasdaq 100 futures rising in tandem.

In precious metals, gold increased 3.25% to $4,810 per ounce, and silver soared 8% to over $83. Earlier gains driven by geopolitical tensions, currency devaluation concerns, and policy uncertainties have briefly retreated, but Chinese buying has quickly returned, preparing for the consumption peak before the Lunar New Year. Deutsche Bank still maintains a long-term outlook for gold reaching $6,000.

Bitcoin, while rebounding 4% within 24 hours to $78,899, has fallen 12.1% over the past seven days, more than double the decline of gold during the same period. After dropping from above $92,000 to below $75,000, a technical correction has occurred.

This gap is similar to the situation at the end of 2025, when some Asian funds shifted from the crypto market to stocks, reinforcing the relative attractiveness of traditional assets. Analysts warn that short-term rebounds do not indicate a trend reversal; whether Bitcoin can catch up with traditional assets still depends on changes in liquidity, risk appetite, and macroeconomic conditions.