Good morning. Here’s what’s happening:Market moves: Bitcoin was trading at over $36,000 on Sunday after continuing its recent decline earlier in the weekend.Technician's take: BTC is stabilizing on intraday charts, although $30,000 is a more significant level to watch given the decline in long-term momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with … [Read more...] about First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering
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First Mover Asia: Bitcoin, Altcoins Rise and Then Sink
Good morning. Here’s what’s happening:Market moves: The largest cryptocurrency by market capitalization falls under $41,000; ether and other major altcoins also drop.Technician's take: Oversold conditions are attracting short-term bitcoin buyers.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): … [Read more...] about First Mover Asia: Bitcoin, Altcoins Rise and Then Sink
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Good morning. Here’s what’s happening:Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed.Technician's take: BTC appears oversold into the Asia trading day, but upside remains limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,463 +0.8%Ether (ETH): $3,166 … [Read more...] about First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs
Good morning. Here’s what’s happening:Market moves: Bitcoin's price hovered above $43,000 as investors looked for signs that the cryptocurrency's price had hit a bottom point.Technician’s take: Support remains intact, which could keep BTC buyers active over the short term.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and … [Read more...] about First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs
First Mover Asia: Bitcoin Erases Prior Days' Gains; Altcoins Slide
Good morning. Here’s what’s happening:Market moves: Bitcoin's price slid in tandem with tech stocks.Technician’s take: BTC downside could persist into the Asia trading day; support around $40K.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,581 -3.2%Ether (ETH): $3,250 -3.5%MarketsS&P 500: … [Read more...] about First Mover Asia: Bitcoin Erases Prior Days' Gains; Altcoins Slide