Asia Morning Briefing: Bitcoin Drifts Near $89K as Traders Step Back and Balance Sheets Step In

FlowDesk sees fading post-Fed demand and low leverage, while Glassnode data show digital asset treasuries quietly resuming bitcoin accumulation in a range-bound market. What to know : Bitcoin traded near $89,000 as liquidity thinned and demand faded following a recent Fed rate cut. Market caution persists with BTC and ETH retracing gains, while altcoins remain under pressure. Gold maintains near-record highs due to rate cuts and central bank demand, while Asian markets opened lower amid cautious investor sentiment.