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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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First Mover Asia: Bitcoin Stabilizes Near $43K as Layer 1 Tokens Attract Attention

Good morning. Here’s what’s happening:Market moves: Bitcoin stabilized near $43,000 after Wednesday’s sell-off, while traders’ attention turned to layer 1 tokens.Technician’s take: Oversold signals remain intact for bitcoin, although upside is limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $43,073 -1.09%Ether

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First Mover Asia: Bitcoin Falls Below $44K After Fed Minutes Release.

Good morning. Here’s what’s happening:Market moves: Bitcoin slipped to below $44,000 after Fed minutes release, altcoins followed.Technician’s take: BTC broke below $45K support intraday; short-term oversold indicators intact.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC) $43,423 -5.87%Ether (ETH) $3,528 -7.4%MarketsS&P 500:

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First Mover Asia: Bitcoin Slips Under $46K As Volume Across Major Centralized Exchanges Remains Low

(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the

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First Mover Asia: Bitcoin Trades Near $47K Amid Low Volumes During Year-End Holidays

(Edited by Greg Ahlstrand and James Rubin)Good morning. Here’s what’s happening:Market moves: Bitcoin trades near $48,000, while layer 1 token ALGO gains on incentive program newsTechnician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing a piece from CoinDesk

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First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry

(Edited by James Rubin and Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves: Bitcoin slumps below $48,000, as December’s options expiration nearsTechnician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing CoinDesk reporter Sanadali Handagama’s interview with European Parliament member

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First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering Off

(Edited by James Rubin)Good morning. Here’s what’s happening:Market moves: Bitcoin broke $52,000 briefly, while its supply outside of exchanges reached record highs.Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing a column by CryptoX Chief Content Officer Michael Casey.Catch the

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First Mover Asia: Cryptos Inch Downward in Light Trading

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin, ether moved little on Monday, as markets expect “very choppy” price moves towards the year end. Terra (LUNA) continued its impressive gains since last week.Technician’s take (Editor’s note): Technician’s Take is taking a hiatus today. In its place,

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