Bitcoin Trading Remains Stable While Anticipation Continues in the Asian Market

Bitcoin's Status in the Asian Market

Bitcoin was trading at approximately $112,100 in the early hours of Asia. It experienced a 1.8% decline in the last 24 hours, but has shown a 3.4% increase for the week. Investors are cautiously waiting for the Federal Reserve’s interest rate decision.

Developments on Gold and Asian Stock Markets

Gold prices have fallen to $3,950, the lowest level in the past three weeks. Easing tensions between the US and China and profit-taking have been balanced by expectations of an interest rate cut from the Federal Reserve.

Japan's Nikkei 225 index rose by more than 1%, surpassing the 51,000 level and hitting a record high. Investors are showing a mixed trading outlook in Asian markets while waiting for cautious statements from the Federal Reserve.