First Mover Asia: Bitcoin Drops Following First US Omicron Case

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Drops Following First US Omicron Case
Good morning. Here’s what’s happening this morning:Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode.Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears to be limited around the $53K-$55K support zone.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $57,095 -0.2%Ether (ETH): $4,593 -1%MarketsS&P 500: $4,513 -1.1%Dow Jones Industrial Average: $34,022 -1.3%Nasdaq: $15,254 -1.8%Gold: $1,782 +.53%Market movesBitcoin briefly dropped below $57,000 during U.S. trading hours on Wednesday after news broke that health officials in the country confirmed the first case of the…