First Mover Asia: Bitcoin, Altcoins Rebound Amid Light Trading

First Mover Asia: Bitcoin, Altcoins Rebound Amid Light Trading


Bitcoin pushed past the $42,000 level over the weekend, after last week’s broad market bloodbath, which sent the No. 1 cryptocurrency by market capitalization spiraling toward $40,000 from about $48,000. At the time of publication, ether and most of the altcoins in CoinDesk’s top 20 by market capitalization were up, although still way down over the past week.

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