First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors

Posted on by American Coins & Gold

First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Good morning. Here’s what’s happening:Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed.Technician’s take: BTC appears oversold into the Asia trading day, but upside remains limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,463 +0.8%Ether (ETH): $3,166 -1.3%Top gainers Asset Ticker Returns Sector Cardano ADA +9.1% Smart Contract Platform Litecoin LTC +4.0% Currency Top losers Asset Ticker Returns Sector Cosmos ATOM −7.9% Smart Contract Platform Chainlink LINK −7.2% Computing Polkadot DOT −7.2% Smart Contract Platform MarketsS&P 500: $4,577 -1.8%DJIA: $35,368 -1.5%Nasdaq: $14,506 -2.6%Gold: $1,813 0.3%Market movesBitcoin…