Asian shares showed mixed performance as investors bet on a likely Federal Reserve rate cut this week. However, tensions within the Fed suggest a contentious meeting, sparking cautious market sentiment.

Ripple's XRP fell sharply on Thursday, breaking below a crucial support level and raising the risk of a deeper pullback toward $2.05, as bearish technical momentum outweighed strong institutional inflows into spot ETFs.

Major cryptocurrencies advanced on Thursday, with tokens such as Cardano's ADA and Ether (ETH) rising as much as 5% as Bitcoin briefly climbed above $93,000. Analysts cautioned, however, that the move could be a short-lived "false breakout" in a still volatile market.

Oil prices saw a modest increase as Ukrainian forces targeted Russian oil infrastructure, raising concerns over export disruptions. However, unexpected rises in U.S. crude inventories tempered market optimism, highlighting persistent demand weakness.