First Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Slides Under K; Altcoins Fall
Good morning. Here’s what’s happening:Market moves: Bitcoin’s price drops below $42,000 on continued concerns about macroeconomic conditions.Technician’s take: BTC Buyers could remain active into the Asia trading day as momentum improves.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $41,866 -1.4%Ether (ETH): $3,144 -1.7%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: $4,532 -0.9%DJIA: $35,028 -0.9%Nasdaq: $14.340 -1.1%Gold: $1,840 +1.4%Market movesBitcoin…