Hello, Asia. Here are the key market drivers ahead of the open.
The price of Bitcoin (Bitcoin) once again regained its position above the $90,000 level on Thursday morning as Asian markets opened on a clearly positive tone, supported by rising stock prices and a decline in the strength of the United States dollar (USD) amid growing expectations that the Federal Reserve will likely cut interest rates in December.
In contrast, trading volumes remained limited for a short week due to the holiday, with US markets closed on Thursday due to Thanksgiving, and open only for a short session on Friday. However, investor appetite for risky assets has increased, driven by Wall Street gains led by the technology sector, ahead of the Federal Reserve’s final meeting this year and expectations of lower interest rates.
This comes as the market is increasingly betting on lower interest rates. Data from CME Group’s FedWatch tool shows traders see about an 85% chance of a 25 basis point cut next month, up from about 30% a week ago.
Quick market overview
- Bitcoin price: $91,229, up 4.3%
- Ethereum Price (Ethereum-ETH): $3,038, up 2.8%
- Ripple Price (Ripple-XRP): $2.21, up 1.1%
- Total market capitalization of the cryptocurrency sector: $3.19 trillion, up 4.1%
Statements from Fed officials take center stage in the absence of data after the government shutdown.
With the release of most scheduled economic data delayed due to the 43-day government shutdown that ended in mid-November, markets view Fed officials’ statements as the most reliable signal on the path forward for monetary policies.
Statements released this week by Mary Daly, president of the San Francisco Federal Reserve, and Christopher Waller, governor of the Federal Reserve, reinforced investors’ belief that the central bank is ready to move from a state of reluctance to change to the pursuit of more accommodative policies.
At the same time, data released on Wednesday showed that applications for unemployment benefits declined to a 7-month low, indicating that layoffs remain under control, supporting the scenario of a gradual reduction in interest rates.
UPDATE: Just 7 days ago, markets were forecasting a 30% rate cut in December. Today? 85% same @jpmorgan stack – confirms the cut!
What has changed, you ask?Williams (Powell’s right-hand man) at the New York Fed has been open to budget cuts
-PaulBarron (@paulbarron) November 27, 2025
Dynamics of artificial intelligence sector stocks push US markets to continue their gains
Wall Street markets extended gains Wednesday as technology stocks continued to strengthen and growing confidence in interest rate cuts in December drove investors back to growth stocks. The three main American indices recorded a fourth consecutive session of gains to offset the decline observed last week due to fears of exaggerated valuations of the shares of companies in the sector.
Those fears were allayed after Nvidia reported strong quarterly results and upbeat expectations, which reinforced the belief that demand for shares of artificial intelligence infrastructure companies remains strong. AI server company Dell Technologies also provided additional momentum by providing revenue guidance that beat expectations, helping to ease concerns about the AI sector in general.
In the crypto markets, traders assessed the macroeconomic situation and chart indicators, and Piyush Walke, derivatives market analyst at the Delta platform, said that Bitcoin price remains stable below the 50 and 200 day moving averages, with the nearest strong resistance barriers stable around $93,000. Walkey highlighted that Ethereum price has recently rebounded from an extended ascending trendline that represents major support, emphasizing that a daily close above the $3,000-$3,050 range could open the door to targeting the $3,200-$3,300 range.
Asian stock prices rise amid heightened regional risk appetite
Asian stock markets reflected the overall positive mood, as the MSCI Asia-Pacific ex-Japan stock index rose about 0.27%, on track to end a three-week losing streak, and Japan’s Nikkei and South Korea’s Kospi rose more than 1% in early trading.
China’s real estate sector remains a source of significant regional risk, with investors awaiting a decision by major developer China Vanke, which is seeking approval from bondholders to defer payment of dues amounting to 2 billion yuan (about $282.6 million).
However, the stock and cryptocurrency markets are drawing momentum from the same factors, with Bitcoin price breaking the $90,000 barrier again and tech stocks rebounding as the Federal Reserve moves closer to cutting interest rates, pushing the Asian trading day to a strong, albeit cautious, start.
The post Asian Market Open: Bitcoin (BTC) Price Surpasses $90,000 as Risk Appetite Rises on Improving Interest Rate Cut Expectations and Strength in Tech Sector appeared first on Cryptonews Arabic.
