First Mover Asia: Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend

First Mover Asia: Bitcoin’s Price Remains Boxed In Below K Over Holiday Weekend
(Edited by James Rubin)Good morning. Here’s what’s happening:Market moves: Bitcoin moved little, as the market activity was muted over the holiday weekend in the U.S.Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing the fourth in a series of stories on the year in cryptocurrency markets by CoinDesk markets analyst Damanick Dantes.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $50,818 +0.4%Ether (ETH): $4,077 -0.2%MarketsS&P 500: $4,725 +0.6%DJIA: $35,950 +0.5%Nasdaq: $15,653 +0.8%Gold: $1,807 +0.1%Market movesBitcoin, the No. 1 cryptocurrency by market capitalization,…