First Mover Asia: Bitcoin Rises Amid Light Weekend Trading

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Rises Amid Light Weekend Trading
Good morning, Here’s what’s happening:Market Moves: Bitcoin rose over the past 24 hours, and the leading cryptocurrency by market capitalization experienced low volatility.Technician’s Take: Bitcoin is holding support at 60K, and slowing momentum suggests a period of consolidation.Watch CoinDesk TV for insightful interviews with crypto industry leaders and analysis.Bitcoin (BTC): $62,877.06Ether (ETH): 4,601.22Market Moves:Bitcoin continued to hover comfortably above $60,00. At the time of publication, it was $62,877.06, up 2.4% in the past 24 hours. The No. 1 cryptocurrency by market capitalization experienced low volatility over the weekend, as bitcoin’s trading volume was thin across centralized exchanges tracked by CoinDesk.Ether,…