Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Crypto markets in Asia are opening to a steadier BTC, but the …
Continue reading Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
Tag:Demand
Weakness Versus Stocks Speaks to Tepid Demand
Bitcoin BTC$91,580.81 attempted a late weekend rally, but even those small gains were mostly reversed in early U.S. action Monday, with the price quietly settling in near the $90,000 area for the remainder of the day. Trading around $90,500 as U.S. stocks closed, bitcoin was lower by about 1% over the past 24 hours. Altcoin …
Continue reading Weakness Versus Stocks Speaks to Tepid Demand