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First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns

Bitcoin falls along with major stock indexes; spot trading volume is sluggish.

Updated May 11, 2023, 4:27 p.m. Published Dec 16, 2021, 11:30 p.m.
WUPPERTAL, GERMANY - APRIL 08:  A Kodiak bear enjoys lying in the sun at the Wuppertal Zoo on April 8, 2009 in Wuppertal, Germany.  (Photo by Christof Koepsel/Getty Images)
WUPPERTAL, GERMANY - APRIL 08: A Kodiak bear enjoys lying in the sun at the Wuppertal Zoo on April 8, 2009 in Wuppertal, Germany. (Photo by Christof Koepsel/Getty Images)