Bitcoin price fell below the $90,000 level on Friday as the Asian market posted a weak start to the last full week of trading in 2025 as doubts grew over tech stocks’ gains, dampening risk appetite in the equities and crypto sectors.
Stock futures pointed to losses on Australian, Japanese and Hong Kong indices in early trading, following a setback in US stocks on Friday.
Broadcom’s pessimistic sales forecasts also undermined confidence in the artificial intelligence sector, sending the value of the S&P 500 down 1%, and reinforcing fears over large spending on artificial intelligence projects and the inability to turn them into profits as quickly as investors expect.
A quick overview of the market
- Bitcoin: $89,293, down 1.1%
- Ethereum-ETH: $3,111, down 0.3%
- Ripple (XRP): $2.00, down 1.7%
- Total crypto sector market cap: $3.13 trillion, down 0.9%
Concerns over the valuation of the technology sector are affecting the global mood, coinciding with additional pressures facing the Asian continent.
The global risk-on mood saw a notable decline as traders questioned technology stocks and their ability to justify their high values and large budgets for artificial intelligence projects, with the total value of these stocks increasing by 300% and sector indices reaching unprecedented levels in light of a 3-year bull market.
Asian markets – which have outperformed their global competitors this year – appear more vulnerable because of the region’s reliance on manufacturing of chips and equipment that fuel this technical explosion. The value of the MSCI index (Asia-Pacific region excluding Japan) fell by about 1%, and the value of the sector in South Korea (symbol of leadership in artificial intelligence) fell by 2% during Monday’s trading.
Futures contracts on major U.S. stock indexes fluctuated between slight gains and losses during Asian trading hours, after shares of technology companies surpassed losses Friday at Wall Street’s stock market close. This volatility in futures trading reflects investor concern about losing gains and potentially putting pressure on companies that have repeatedly risen in value as the end of the year approaches.
Despite the weak U.S. dollar and betting on falling interest rates, crypto investors are focusing on risks from the volatility of tech stocks.
President Donald Trump added a new entry to the macroeconomic discussions, talking about the new Federal Reserve chairman’s desire to cut interest rates, after the US dollar posted its longest streak of weekly losses since August, as markets increasingly bet on two rate cuts in 2026 (more than the central bank is letting on).
Crypto traders see the declining dollar and expectations of lower interest rates as supporting factors for the market, but the current focus is on the volatility of technology stocks and the sustainability of trading in the artificial intelligence sector.
Any disruption in the tech sector’s gains could affect digital assets and stock indices given its importance in both areas.
The article Asian Market Opening: Bitcoin BTC Prices Drop, Stocks Drop Amid Uncertainty in Tech Sector Outlook appeared first on Cryptonews Arabic.
