Asia Market Open: Bitcoin Pulls Back Under $86K, Stocks Find Support In Fed Expectations
Bitcoin tumbled below $86,000 in Asian trading on Monday, even as regional stocks opened the final month of 2025 on a steadier footing, buoyed by growing optimism that the US is close to its next interest rate cut.
After hovering near $91,000 at the end of November, Bitcoin had been slipping lower in small steps, a sign of fatigue rather than capitulation.
That changed when a wave of selling punched through several intraday support levels and drove prices toward the $86,900 area, with a sharp spike in sell volume pointing to forced liquidations or large stop orders getting triggered.
Elon Musk Predicts the Death of Money, Suggests Energy-Based Bitcoin Will Survive
Elon Musk painted a future where money fades from everyday life, while energy-based value takes its place as the key measure of wealth and power.
Speaking on a recent podcast with Indian entrepreneur and investor Nikhil Kamath, Musk said that he thinks “money disappears as a concept” eventually.
He called that idea “kind of strange,” but argued that in a future where “anyone can have anything,” people “no longer need money as a database for labor allocation.”
He linked that vision directly to advances in artificial intelligence and robotics. “If AI and robotics are big enough to satisfy all human needs then, then money is no longer… its relevance declines dramatically,” he said.
To ground the idea, Musk pointed to science fiction. He cited the Culture series books by Scottish author Iain Banks, and recommended that people read them. #crptonews #ElonMusk
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$NEIRO / USDT is showing strong buying interest after holding key support near 0.000268$. Buyers are stepping in around 0.000270$ – 0.000275$, signaling a potential continuation toward higher levels. If this zone holds, momentum could drive the price toward 0.000300$ and possibly spark a breakout into a new short-term range. Trade Setup (Long Signal) Entry Zone: 0.000270$ – 0.000275$ Targets: TP1: 0.000285$ TP2: 0.000292$ TP3: 0.000300$ Stop Loss: 0.000259$
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$TWT USDT Explodes with Strong Momentum TWT is on fire today, trading at 1.12 after bouncing from the low of 0.83 and hitting a high of 1.33 in the last 24 hours. Volume is heavy with more than 83M TWT traded, showing strong market demand. Long Trade Setup Entry Zone: 1.10 – 1.13 Target 1: 1.20 Target 2: 1.28 Target 3: 1.36 Stop Loss: Below 1.02 $TWT
#BTC Breaking News: Michigan Revives Bitcoin Reserve Bill After 7-Month Stall Michigan lawmakers have reignited momentum on a stalled proposal that would allow the state treasury to allocate up to 10% of its reserves into Bitcoin — and possibly other cryptocurrencies. The bill, dormant for seven months, has now advanced, signaling a potential shift in how the state manages its financial reserves. #BTC
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