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First Mover Asia: Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC

From coindesk.com

Cryptos see-sawed in Monday trading, ultimately regaining ground after dipping sharply earlier in the day. Bitcoin was recently trading above $19,500, slightly above where it stood 24 hours earlier, although more than 6% higher than its low toward the close of Asian equity markets. The largest cryptocurrency by market capitalization had sunk to a three-month low under $18,400 as investors during Asia and Europe trading hours sent most risk assets lower amid heightened recessionary fears. "Not only just cryptocurrencies, but also all risk assets in general are being sold off in anticipation for the ... (full story)

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  • Category: Fundamental Analysis