First Mover Asia: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading
Good morning. Here’s what’s happening this morning:
Market moves: Bitcoin broke above $59,000 with at least one analyst expecting a “healthy” holiday rally.
Technician’s take (Editor’s Note): On account of the U.S. Thanksgiving holiday, today’s First Mover Asia will include a column in place of the usual Technician’s take.
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The crypto market on Thursday, the U.S. Thanksgiving day holiday, was not as quiet as some anticipated, after bitcoin prices briefly broke past $59,000, and trading volume remained at a level similar to the previous three days. Ether soared past $4,500, a more than 6% gain.
As bitcoin’s price finished Thursday (HKT/SGT) in the green, the rest of the crypto market experienced …
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