Bitcoin Trades Near $87,000 as Asian Equities Rise on Fed Rate-Cut Expectations

Bitcoin traded around $87,000 as Asian stock markets opened higher on Tuesday, extending Wall Street's gains from the previous session. Regional equities advanced amid growing confidence that the Federal Reserve will cut interest rates at its December meeting. Fed Governor Christopher Waller signaled support for a rate reduction next month, while money markets now price in roughly a 90% probability of a December cut.