Source: CryptoNewsNet
Original Title: ETH, SOL and ADA slip as bitcoin fails to build momentum near $90,000
Original Link: https://cryptonews.net/news/analytics/32323658/
Bitcoin (BTC) hovered just below the $90,000 mark during Asian trading hours on Friday as gains in regional equities and a weaker U.S. dollar failed to translate into sustained upside for crypto after a volatile week.
The largest cryptocurrency traded around $89,800, little changed on the session, but remained under pressure after struggling to build momentum following this week’s liquidation-driven selloff.
While Asian stock markets climbed to record highs and investors continued rotating toward non-U.S. assets, crypto prices lagged, signaling a more cautious tone toward higher-volatility trades.
Asian equities pushed higher, with the MSCI Asia Pacific Index rising to a fresh record and emerging-market stocks extending gains. U.S. equity futures pointed modestly higher ahead of the New York open, though the advance was smaller than that seen across Asia.
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Bitcoin Struggles Near $90,000 as Asian Equities Rally Fails to Boost Crypto
Source: CryptoNewsNet Original Title: ETH, SOL and ADA slip as bitcoin fails to build momentum near $90,000 Original Link: https://cryptonews.net/news/analytics/32323658/ Bitcoin (BTC) hovered just below the $90,000 mark during Asian trading hours on Friday as gains in regional equities and a weaker U.S. dollar failed to translate into sustained upside for crypto after a volatile week.
The largest cryptocurrency traded around $89,800, little changed on the session, but remained under pressure after struggling to build momentum following this week’s liquidation-driven selloff.
While Asian stock markets climbed to record highs and investors continued rotating toward non-U.S. assets, crypto prices lagged, signaling a more cautious tone toward higher-volatility trades.
Asian equities pushed higher, with the MSCI Asia Pacific Index rising to a fresh record and emerging-market stocks extending gains. U.S. equity futures pointed modestly higher ahead of the New York open, though the advance was smaller than that seen across Asia.