First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading

First Mover Asia: Bitcoin Nears K Amid Lighter Trading
Good morning. Here’s what’s happening:Market moves: Bitcoin led a broader market stabilization with reduced spot trading volume.Technician’s take: A decisive break above $40K BTC is needed to pause the downtrend from November.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $36,971 +1%Ether (ETH): $2,460 +1.3%Top gainers Asset Ticker Returns Sector Dogecoin DOGE +2.6% Currency Polygon MATIC +1.0% Smart Contract Platform Polkadot DOT +0.8% Smart Contract Platform Top losers Asset Ticker Returns Sector Internet Computer ICP −5.2% Computing Cardano ADA −4.0% Smart Contract Platform Algorand ALGO −3.8% Smart Contract Platform Sector classifications are…