First Mover Asia: Bitcoin Surge May ‘Not Be the Beginning of the End of the Bear Market,’ Analyst Says

Other major cryptos were mixed with a few, including ADA, the token of smart contracts platform Cardano, and Litecoin up more than 2%, but others, including MATIC, the native crypto of the Polygon blockchain, off about the same. Increasingly popular memecoin PEPE was up 11%, although it had been up 70% earlier in the day. After spending most of the day in the green, the CoinDesk Market Index, a measure of crypto markets performance, sank into negative territory and was recently down 0.9%.

Original Source: https://www.coindesk.com/markets/2023/06/23/first-mover-asia-bitcoin-surge-may-not-be-the-beginning-of-the-end-of-the-bear-market-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines