Asia Market Open: Bitcoin Edges Lower as Fed Rate-Cut Boosts Stocks

Bitcoin opened the Asian trading session slightly weaker, slipping below earlier highs as traders reassessed risk appetite following the U.S. Federal Reserve’s highly anticipated rate cut. While the Fed’s move was broadly supportive of global markets, the reaction across asset classes has been uneven — and crypto is feeling that split most clearly.

Stocks across Asia opened firmer, with investors welcoming cheaper borrowing costs and a more accommodative policy tone from the Fed. Equity traders see the decision as a green light for steady recovery into year-end, especially for tech and growth sectors that thrive in lower-rate environments. But for Bitcoin, the initial optimism faded quickly.

The drop doesn’t necessarily signal new bearish momentum — rather, it reflects a shift in capital flows. After a volatile stretch for crypto, many traders are reallocating toward equities, which now look comparatively attractive thanks to improved macro clarity. At the same time, Bitcoin liquidity remains thinner than usual, amplifying even modest selling pressure.

Still, analysts argue BTC’s downside appears contained as long-term holders and ETF inflows continue to provide a cushion. For now, the market is in a balancing act: stocks are getting the near-term boost, while crypto waits for its next catalyst.