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Asia Market Open: Bitcoin Slips As Stocks Cheer US Growth, Gold At All-Time High
Yahoo Finance· 2025-12-24 02:31
Bitcoin eased in early Asian trading on Wednesday as stocks opened higher on Wall Street momentum after data showed the US economy grew at its fastest pace in two years. The S&P 500 closed at a record on Tuesday after an upward revision to third-quarter GDP showed annualised growth of 4.3%, a report that also pushed bond yields higher and kept growth stocks in demand. In crypto, Bitfinex analysts said Bitcoin has bounced decisively from the low $80,000 support zone identified earlier. “However, the rec ...