First Mover Asia: Bitcoin Tops $23.7K in Wednesday Comeback
Good morning. Here’s what’s happening:
Prices: Bitcoin regains lost ground to trade over $23K again.
Insights: Laguna Labs CEO Stefan Rust wrote in a CoinDesk Q&A that the Genesis Chapter 11 filing prompted a sigh of relief among many in the crypto industry and that bitcoin's short-term price prospects depend on the size of the next Fed interest rate hike.
Prices
Bitcoin's Comeback to $23K
By James Rubin
A Tuesday crypto market pullback turned into a Wednesday comeback as bitcoin …