Asia Market Open: Bitcoin Steadies Near $92K, Stocks Slip On Trump Tariff Threat Over Greenland
Asian shares slid in risk-off trading led by Japan, while European futures pointed to a softer open as tariff worries weighed on sentiment.
Bitcoin held near $92,000 on Tuesday after Monday’s sell-off, as traders stayed cautious amid renewed trade-war anxiety sparked by President Donald Trump’s threat to slap tariffs on eight European nations unless the US is allowed to buy Greenland.
Markets felt the shock first through futures and currencies as Wall Street cash markets were closed on Monday for a holiday, leaving no regular overnight session to set the tone.
Market snapshot
Bitcoin: $92,360, down 0.4%
Ether: $3,183, down 0.8%
XRP: $1.96, up 0.2%
Total crypto market cap: $3.21 trillion, down 0.3%
By early Asia hours, Nasdaq and S&P 500 futures were down about 1% as investors pared exposure to US risk assets.
Asian equities dipped as the risk-off move spread, with MSCI’s broad Asia-Pacific gauge down about 0.44% and Japan’s Nikkei off about 0.8%. Europe looked softer too, with futures pointing to a muted, lower open as traders digested the latest tariff timeline.
The dollar stayed under pressure and US Treasury yields climbed, with the 10-year yield rising to around 4.265%, its highest level in more than four months, as the so-called Sell America trade regained momentum in early dealing. Gold held near record levels and the Swiss franc drew fresh haven demand.#bitcoin #Write2Earrn $BTC
