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First Mover Asia: Bitcoin Falls Slightly in Soft Trading; Launch of VanEck Futures ETF Coming Soon

Good morning, Here’s what’s happening this morning:Market Moves: Bitcoin declines slightly in soft trading.Technician’s take: Upside momentum is slowing, although pullbacks remain limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $63,939, -1.1%Ether (ETH): $4,576, -0.3%Market movesBitcoin was slipping in digital-asset markets,

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Bitcoin (BTC) Price Slumps below $40K as Investor Sentiment Turns Slightly Bearish

The world’s leading crypto experienced a market sentiment shift after rallying nearly 44% in a week, defying predictions that it would dip further toward the $20K range. However, the momentum seems to be slowing down after BTC faced a rejection yesterday and ranked below $40K. As of this article’s writing,

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