First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle

First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle


Ether, the second-largest crypto by market cap, was changing hands at roughly $1,200, about flat from Monday when it hit a more than 18-month low. Among altcoins, SOL and XLM were recently up more than 5% after plunging on Monday, but WBTC and TRX continued to suffer with the latter off by over 13% at one point.

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