First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin moved little as the market watched six crypto leaders testify before CongressTechnician’s take: Selling pressure could slow heading into the Asia trading day as indicators appear oversold.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $50,676 +0.5%Ether (ETH): $4,422 +3.33%MarketsS&P 500: $4,701 +0.3%Dow Jones Industrial Average: $35,754 +.09%Nasdaq: $15,786 +0.6%Gold: $1,783 -0.9%Market movesBitcoin hovered at around $50,000 on Wednesday, as the crypto market closely observed the CEOs of six major crypto companies share their opinions on regulation with the U.S. House Financial Services…