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Asia Market Open: Bitcoin Tumbles 7% to $85K, Stocks Retreat as US Jobs Data Fails to Clarify Rate Outlook
Yahoo Finance· 2025-11-21 13:31
Bitcoin tumbled 7% to about $85,000 on Friday as Asian markets opened weaker, with regional stocks joining a global sell-off after closely watched US jobs data failed to settle the debate on when the Federal Reserve might cut interest rates. Traders moved quickly to dump risk assets again even after Nvidia’s latest earnings impressed, suggesting that macro jitters now outweigh individual tech stories. Market snapshot Bitcoin: $86,156, down 6.9% Ether: $2,819, down 7.1% XRP: $1.99, down 7.1% Total c ...