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First Mover Asia: Ether Prices Fall Relative to Bitcoin
Bitcoin cracked the lofty height of $23,000 on Monday before retreating just below this threshold in a repeat performance from the weekend that continued to reflect fresh investor optimism. The largest cryptocurrency by market capitalization was recently trading at $22,968, up almost a percentage point over the past 24 hours, BTC has risen more than 35% since the start of the year amid concrete signs that prices are declining without the economy falling into steep recession. Still, a number of analysts are unconvinced that the rally will last after a nearly 14-month bear market and a slew of crypto debacles that have ... (full story)