First Mover Asia: Bitcoin Settles In Below $29.5K as Appeal of Riskier Assets Lessens

First Mover Asia: Bitcoin Settles In Below $29.5K as Appeal of Riskier Assets Lessens

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Other major cryptos were in the red, albeit lightly so. ARB, the token of the layer 2 Ethereum scaling protocol Arbitrum, and ADA, the native crypto of the Cardano blockchain, both recently declined about 3%. The CoinDesk Market Index, a measure of the crypto markets overall performance, was recently down 1.6%.

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