First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall
Good morning. Here’s what’s happening:Market moves: Bitcoin fell below $40,000 briefly as U.S. stocks continued to drop thanks to a newly hawkish Federal Reserve.Technician’s take: BTC buyers could respond to short-term oversold signals, although upside appears limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders
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