First Mover Asia: Bitcoin Has Reached ‘a General Accumulation Phase’: Analyst

Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed almost entirely unaffected by the Wednesday, late-night U.S. House vote to pass a debt ceiling increase that would ensure the government can pay its bills, at least short-term. The Senate will likely vote on the bill late Thursday night (ET).

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Cryptocurrencies: 16,229
Markets: 1,197
Marketcap: $ 3.49 T
24h Vol: $ 179.73 B
BTC Dominance: 54.99%