First Mover Asia: Bitcoin falls to $19.6k as investors continue to mull Fed chair's comments
newscatcher
2022-08-29 05:30
First Mover Asia: Bitcoin falls to $19.6k as investors continue to mull Fed chair's comments
Ether and other major altcoins are down in weekend trading. Good morning. Here's what's happening: Prices: Bitcoin and ether traded down over the weekend. Insights: Analysts saw Fed Chair Jerome Powell's speech for what it was: an unbridled commitment to tame inflation. Bitcoin Falls Below $20K After clinging tenaciously to support above $20,000 for much of the weekend, bitcoin fell well below this threshold late Sunday. The largest cryptocurrency by market capitalization was recently trading at $19,600, down more than 2% over the previous 24 hours.

https://www.fxstreet.com/cryptocurrencies/news/first-mover-asia-bitcoin-falls-to-196k-as-investors-continue-to-mull-fed-chairs-comments-202208290228

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