First Mover Asia: Bitcoin Stays Calm at $16.5K – CoinDesk

First Mover Asia: Bitcoin Stays Calm at $16.5K – CoinDesk

The largest cryptocurrency by market capitalization was recently trading at about $16,500, down a mere 0.11% over the past 24 hours. BTC has been holding steady around $16,000 for the past three weeks, although it took a brief dip below $15,500 on Monday amid fears about the future of crypto trading and lending firm Genesis Global Capital, which has been caught up in crypto platform FTX’s implosion.


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