First Mover Asia: Bitcoin Surges Past $23K Before Retreating

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First Mover Asia: Bitcoin Surges Past $23K Before Retreating
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Bitcoin surged past $23K over the weekend for the first time since August before retreating to the $22,750 level. PLUS: Sam Reynolds notes the significance of Microsoft's decision to effectively exit the metaverse. JPRubin23 and TheSamReynolds report

By James Rubin

The largest cryptocurrency by market capitalization was recently trading above $22,750, roughly flat for the last 24 hours but up more than 8% during the past week.

"For the week ahead, market participants should be mindful of downside risks and potentially seek to take profits."

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