Bitcoin Trades Near $109,747 as Asia-Pacific Stocks Climb on Tech Earnings

Bitcoin traded around $109,747 on Friday as Asia-Pacific equities opened higher, supported by strong earnings from major technology companies. Japan's Nikkei 225 climbed over 1% to a record high, while South Korea's Kospi rose 0.22%. Fed Chair Jerome Powell's recent remarks led traders to scale back December rate-cut expectations, as US Bitcoin spot ETFs recorded net outflows of $488m on Oct. 30.