First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

Posted on by American Coins & Gold

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around K
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin moved little, while the “tether premium” dropped as Huobi’s deadline approaches.Technician’s take: Long-term momentum is starting to fade, which could limit price gains this month. For now, BTC is holding support above $53K.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $56,604 -1%Ether (ETH): $4,536 -1.1%MarketsS&P 500: $4,577 +1.4%Dow Jones Industrial Average: $34,639 +1.8%Nasdaq: $15,381 +0.8%Gold: $1,768 +0.7%Market movesBitcoin remained around $57,000 on Thursday as the market remained in a wait-and-see mode. The oldest cryptocurrency’s daily trading volume on centralized exchanges also declined.Data…