The market trend once again confirms the influence of the Asian trading session.
After the market opened in the morning, U.S. stock futures rose in tandem with Bitcoin, with S&P futures and Nasdaq futures quickly recovering yesterday's losses, while Bitcoin prices continued to challenge $96,000.
The sentiment among Asian investors has significantly warmed, primarily because yesterday's decline was not driven by substantial negative factors, but more likely attributed to the 10-year U.S. Treasury purchasing operations and the market's risk-averse sentiment ahead of the Federal Reserve's interest rate meeting the next day.
