Asia Market Open: Bitcoin Slips As Stocks Cheer US Growth, Gold At All-Time High

Group 1 - Bitcoin experienced a slight decline in early Asian trading, trading at $87,341, down 1.5%, as stocks opened higher on Wall Street following strong US economic growth data [1][6] - The S&P 500 reached a record close after an upward revision to third-quarter GDP indicated annualized growth of 4.3%, which also led to higher bond yields and increased demand for growth stocks [1] - Analysts from Bitfinex noted that Bitcoin has rebounded from the low $80,000 support zone, but faces significant resistance due to a dense overhead supply cluster between $94,000 and $120,000 [2] Group 2 - Gold prices surged past $4,500 an ounce for the first time, driven by safe-haven demand amid geopolitical tensions and expectations of lower US interest rates next year [4] - The Trump administration's decision to delay new tariffs on Chinese semiconductor imports until mid-2027 indicates a preference for strategic leverage rather than immediate escalation in trade tensions [6] - The Reserve Bank of India implemented liquidity measures, including bond purchases and a dollar-rupee swap, to ease tight market conditions, reflecting a proactive approach to monetary policy [5]