Asia Market Open: Bitcoin Slips Under $100K, Stocks Slide as Inflation Reshapes Rate-Cut Bets

Bitcoin fell below $100,000 in Asian trading on Friday, with regional markets trading lower as traders scaled back expectations of a US interest rate cut next month after hawkish remarks from Federal Reserve officials reignited inflation fears. The mood soured across the board, with Wall Street futures flashing red after Thursday’s rout that wiped out a four-day winning streak. Market snapshot Bitcoin: $99,063, down 2.9% Ether: $3,224, down 6.9% XRP: $2.31, down 7.6% Total crypto market cap: $3.41 ...