First Mover Asia: Bitcoin Trades Near $47K Amid Low Volumes During Year-End Holidays

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Trades Near K Amid Low Volumes During Year-End Holidays
(Edited by Greg Ahlstrand and James Rubin)Good morning. Here’s what’s happening:Market moves: Bitcoin trades near $48,000, while layer 1 token ALGO gains on incentive program newsTechnician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing a piece from CoinDesk reporter Damanick Dantes’ Year-End Review series, which recaps this year’s most dramatic moments in cryptocurrency markets.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $47,394 -0.3%Ether (ETH): $3,742 -1.66%MarketsS&P 500: 4,793 +0.14%DJIA: 36,488 +0.25%Nasdaq: 15,766 -0.98%Gold: $1,803 -0.15%Market movesBitcoin continued to fall,…