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First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year

High German inflation and ongoing macroeconomic uncertainty raised market anxieties on Friday. Investors will be eyeing comments by Fed Chair Jerome Powell in a few days at a U.S. central bank symposium in Wyoming.

Bitcoin is hovering over $21,500. (Oliver Furrer/Getty Images)
Bitcoin is hovering over $21,500. (Oliver Furrer/Getty Images)