First Mover Asia: Cryptos Dive Deep Into the Red

First Mover Asia: Cryptos Dive Deep Into the Red


Bitcoin was recently down 2.8% over the past 24 hours (UTC), although it managed to hold snugly above its most recent $16,000 support for a 12th consecutive day. Last week, the largest cryptocurrency by market capitalization weathered the cascade of misadventures tied to crypto exchange FTX’s collapse, although Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote in an email to CoinDesk that investors should gird themselves for a rocky week ahead.

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