ASIA MORNING BRIEFING: BTC DEMAND COOLS WHILE 'CRYPTO CAPITAL IS GETTING MORE SELECTIVE,' OKX’S GRACIE LIN WARNS
https://s.yimg.com/ny/api/res/1.2/hljNEDry3keBnjB.QrBPeg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/coindesk_75/2663c8bd8f58ca3d48d84de4a2e7fd0b
✍️ Bitcoin and ether prices stabilized in Asia on Thursday, with ether outperforming bitcoin as investors rotated into major cryptocurrencies.
👉 Bitcoin stabilized at $114,610 (+1.4%) 👉 Ether outperformed bitcoin, climbing 5.8% to $4,370.73 👉 Apparent demand for bitcoin dropped from 174,000 BTC in July to 59,000 BTC today 👉 Profit-taking remained heavy, with whales realizing $2 billion in gains on Aug. 16 alone
-- #GracieLin #WinklevossTwins #BitMEXFounder #Asia #Singapore #U.S. #UK #technology
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