First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further
Good morning. Here’s what’s happening:Market moves: Bitcoin dropped below $42,000; ether and most other, major altcoins also fell. Editor’s Note: Because of the U.S. Martin Luther King holiday, First Mover Asia is substituting a recent column on DeFi by CoinDesk Chief Content Officer Michael Casey for the usual Technician’s Take.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,140 -2.5%Ether (ETH): $3,209 -4.5%Top gainers Asset Ticker Returns Sector Cardano ADA +9.4% Smart Contract Platform Litecoin LTC +3.5% Currency Top losers Asset Ticker Returns Sector Cosmos ATOM −7.9% Smart Contract Platform Chainlink LINK…