×
Thursday, June 19, 2025

First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018 - CoinDesk

Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.
Biggest Gainers
Biggest Losers
Bitcoin was recently trading at about $20,800, down more than a percentage point over the past 24 hours, although still higher than it stood before starting its mini-rally on Wednesday. Market observers see the crypto continuing to trade in the $18,000 to $22,000 range that it has maintained for a month, at least until investors have a clearer sign whether central banks can lick inflation without casting the global economy into recession.
"While Bitcoin saw positive momentum this week, it remains range-bound when you take a broader view, and is still struggling to cross the $22,000 resistance," Joe DiPasquale, the CEO of crypto asset manager BitBull Capital, wrote to CoinDesk.
DiPasquale noted optimistically that "BTC managed to stay...



Read Full Story: https://www.coindesk.com/markets/2022/07/17/first-mover-asia-bitcoin-dips-bel...

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.