According to CoinMeta, European stock markets followed the global market down, erasing all of the gains made this week. Due to concerns about Democrats taking full control of the U.S. Congress and their potential impact on artificial intelligence trading, various sectors saw widespread selling. The Pan-European Stoxx 600 index fell by 1.3%, with the basic resources sector leading the decline, while the real estate and telecommunications sectors performed relatively well. Guillermo Hernandez Sampere, a trading executive, stated that the market is beginning to feel the impact of the excessive weight of the artificial intelligence sector. Although it is expected that capital reallocation will continue and market volatility may remain high in the coming days, there is not currently a high risk of a long-term adjustment. Stephane Boujnah, the CEO of the Pan-European exchanges, said that Europe still holds investment appeal, stating, "During these turbulent times, Europe is a place worth investing in. In terms of return on risk, Europe is a very safe market."