First Mover Asia: What’s Next After Bitcoin’s Retreat

The big story in crypto markets last week was that ether (ETH), turned lower, erasing all price gains notched during the weeks-long mini-rally that followed the seamless implementation on April 12 of the Ethereum blockchain’s highly anticipated Shanghai upgrade. Bitcoin (BTC) reversed course as well, losing its foothold above $30,000 and changing hands around $27,800 around press time.

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Cryptocurrencies: 17,052
Markets: 1,231
Marketcap: $ 3.34 T
24h Vol: $ 136.30 B
BTC Dominance: 58.42%