Tuesday, May 13, 2025
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First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin’s relief rally” appears to be temporary, after major central banks announced plans to battle high inflationTechnician’s take: Bitcoin could see a brief price bounce, although sellers remain in control.Catch the latest episodes of CryptoX TV for insightful interviews

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First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin fell as investor jitters grew over the upcoming Fed decision on combating inflation.Technician’s take: A breakdown in BTC could damage the intermediate-term trend despite oversold signals.PricesBitcoin (BTC): $46,963 -6.7%Ether (ETH): $3,800 -8.75%MarketsS&P 500: $4,668 -0.9%Dow Jones Industrial

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First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin returned above $50,000 after the S&P 500 rose to a near record high.Technician’s take (Editor’s Note): First Mover Asia replaces the usual Technician’s Take today with CryptoX’s annual list of the most influential people in cryptocurrency. This year’s

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First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin moved little, while the “tether premium” dropped as Huobi’s deadline approaches.Technician’s take: Long-term momentum is starting to fade, which could limit price gains this month. For now, BTC is holding support above $53K.Catch the latest episodes of CryptoX TV for insightful

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First Mover Asia: Bitcoin Drops Following First US Omicron Case

Good morning. Here’s what’s happening this morning:Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode.Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears to be limited around the $53K-$55K support zone.Catch the latest episodes of CryptoX TV for insightful interviews

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First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin dropped on U.S. Fed Chair Powell’s comment, while ether gained more market share.Technician’s take: Support levels remain intact, which could establish a tight trading range between $55,000-$60,000 BTC into the Asian trading day.Catch the latest episodes of CryptoX TV for insightful

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First Mover Asia: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin broke above $59,000 with at least one analyst expecting a “healthy” holiday rally. Technician’s take (Editor’s Note): On account of the U.S. Thanksgiving holiday, today’s First Mover Asia will include a column in place of the usual Technician’s take.Catch the latest

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First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin remains around $57,000 a day before the U.S. Thanksgiving holiday while tether’s discount to the Chinese yuan mostly recovers from the extended shock of China’s September crypto trading ban.Technician’s take: Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from

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First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin edged toward $58,000 as altcoins and other layer 1 tokens recovered from seven-day lows.Technician’s take: Momentum is improving as oversold readings appear on the chart.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC):

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