Good morning, Asia. Here’s what’s moving before the bell.
Markets opened Friday to a risk-off tone across Asia, with crypto prices and major regional equity benchmarks slipping as investors grew more cautious about the global economic outlook.
Bitcoin fell alongside broader digital assets, extending this week’s losses after data pointed to weakening demand and slowing treasury inflows from large holders.
Total crypto market cap dropped about 2% in early trading, mirroring sentiment in equities.
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Bitcoin: $101,545, down 1.5%
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Ether: $3,320, down 2.5%
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XRP: $2.21, down 5.1%
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Total crypto market cap: $3.47 trillion, down 1.9%
In Asia, Japan’s Nikkei 225 fell 1.75%, while Hong Kong’s Hang Seng Index dropped 0.74%. The Shenzhen Component lost 0.76%, and the Shanghai Composite eased 0.22%.
New Zealand’s Dow Jones NZ edged up 0.20% to 360.52, the only…
