Asia markets split despite Bitcoin’s jump

December 03, 2025 (MLN):  Asia markets delivered a mixed performance on Wednesday, a tech-driven rebound on Wall Street and a sharp upswing in cryptocurrency prices.

Bitcoin jumped more than 7% in overnight trading, surging past $90,000 and last changing hands at $92,980.01 after a steep drop the day before, CNBC reported.

Japan’s Nikkei 225 rose 1.13%, lifted largely by gains in technology and real estate names.

SoftBank climbed over 5%, Tokyo Electron advanced 4.44%, Lasertec gained 6.21%, and Renesas Electronics added more than 7%.

Chip-testing firm Advantest also rose nearly 5%. In contrast, the broader Topix index slipped slightly.

South Korea’s Kospi gained 1.06%, while the Kosdaq erased earlier advances to close 0.14% lower.

Updated GDP figures showed the South Korean economy grew 1.8% year over year in the third quarter, an upward revision from the initial 1.7% estimate.

President Lee Jae Myung delivered remarks marking one year since former President Yoon Suk Yeol’s unsuccessful attempt to impose martial law.

Australia’s S&P/ASX 200 edged up 0.11%, even as third-quarter GDP came in below expectations.

The economy expanded 2.1% year over year its strongest pace since Q3 2023 but fell short of economists’ forecasts for a 2.2% increase.

Hong Kong’s Hang Seng Index opened 0.95% lower, while the mainland’s CSI 300 hovered just above unchanged levels.

U.S. equity futures were steady during early Asian trading hours, after major indexes in the U.S. clawed back some of their previous losses.

The Dow rose 0.39%, the S&P 500 gained 0.25%, and the Nasdaq Composite added 0.59%.

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