$ETH $SOL and $ADA dip as bitcoin struggles to regain traction near $90,000
Stronger Asian equities and a softer dollar improved global risk sentiment, but crypto markets failed to capitalize after a turbulent week.
Bitcoin hovered just under the $90,000 level during Asian trading hours on Friday, showing little follow-through after this week’s sharp, liquidation-led sell-off. Despite calmer conditions across global markets, the world’s largest cryptocurrency continues to struggle for direction.
BTC traded around $89,800, largely flat on the day, as traders remained cautious following more than $1 billion in forced liquidations earlier in the week. While broader risk assets stabilized, crypto prices showed only limited signs of recovery.
Asian stock markets climbed to fresh record highs, with the MSCI Asia Pacific Index extending gains and emerging-market equities continuing to outperform. U.S. equity futures also pointed higher ahead of the New York session, though advances were more muted compared with Asia.
At the same time, the U.S. dollar remained under pressure after its recent slide, helping support commodities and keeping gold near the $5,000-per-ounce mark. This macro backdrop has improved overall market sentiment, but crypto assets have lagged behind.#ETHMarketWatch #Binance
