Asia Market Open: Bitcoin Slips As Stocks Cheer US Growth, Gold At All-Time High
Market Intelligence Analysis
AI-PoweredBitcoin experienced a slight decline in early Asian trading, influenced by positive momentum in the stock market following strong US economic growth data. The S&P 500 reached a record high, reflecting investor optimism about the economic outlook.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Bitcoin eased in early Asian trading on Wednesday as stocks opened higher on Wall Street momentum after data showed the US economy grew at its fastest pace in two years. The S&P 500 closed at a record on Tuesday after an upward revision to third-quarter GDP showed annualised growth of ...
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