First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return

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First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return
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BTC clawed back to $29.4, a slight increase from early Monday, Asia time. The CEO of chia_project said that the correlation between tech stocks and crypto could return. TheSamReynolds writes

As the trading week begins in Asia, Bitcoin and Ether are experiencing minor declines.An exploit of stablecoin exchange Curve could threaten more than $100 million in crypto. PLUS: Russia's share of bitcoin mining rose when China banned the industry; now mining is booming in Russia.As Asia opens its trading week, bitcoin is up 0.3% to $29,415, and ether is down 0.6% to $1,869.without further contagion.

“The coin usually tends to trade as if it were a tech stock. The tech earnings around are mixed to positive,” he said. “There's no real force to break things one side or the other."

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