First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Slumps to Below K Ahead of B Options Expiry
(Edited by James Rubin and Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves: Bitcoin slumps below $48,000, as December’s options expiration nearsTechnician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing CoinDesk reporter Sanadali Handagama’s interview with European Parliament member Eva Kaili. The discussion covered MiCA, the current regulatory frenzy over stablecoins, Web 3 and of course, Facebook’s Diem.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $47,701 -6.2%Ether (ETH): $3,813 -5.7%MarketsS&P 500: $4,786 -0.1%DJIA: 36,398 +0.2%Nasdaq: $15,781 -0.5%Gold: $1,807 -0.2%Market movesBitcoin,…