First Mover Asia: Bitcoin dominates, but Altcoins are hiding.


However, Oanda’s Moya noted that falling Treasury yields “which makes cryptocurrencies attractive” did not move investors. “No one wants to buy this downtrend right now,” he said, adding that Bitcoin could test support just above $25,000 and $20,000 is still a possibility. “Bitcoin cannot stabilize until Wall Street is stable, and that may not happen for the time being.”

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