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First Mover Asia: Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge

From coindesk.com

In the ongoing tug-of-war between the forces driving bitcoin over $20,000 and those dragging it below, the drivers won in Thursday trading. Bitcoin was recently trading at about $21,100, a more than 5% increase over the past 24 hours that helped the largest cryptocurrency regain much of the ground lost the previous day. Ether, the second largest crypto by market cap, was changing hands over $1,140, an 8% gain. Other major altcoins assumed various shades of green with STORJ and POLY assuming two of the darkest hues, rising more than 30% and 20%, respectively at one point. Crypto increases dovetailed with equities ... (full story)

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  • Category: Fundamental Analysis