Asian shares fell as China’s weak market weighed on broader sentiment, while U.S. bond yields and the dollar rose. Bitcoin steadied above $90,000, buoyed by Donald Trump’s anticipated crypto-friendly policies, with the cryptocurrency up over 30% in just two weeks. Investors reacted to the latest U.S. inflation data by boosting bets on a Federal Reserve rate cut next month, though Trump’s plan for lower taxes and higher tariffs has clouded the longer-term outlook. The dollar’s rise reflected confidence in Trump’s incoming administration and stronger Treasury yields. Meanwhile, analysts see the Fed’s December projections shifting as new policies roll out, suggesting that rate cuts in 2025 may be more gradual than previously anticipated.