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First Mover Asia: Bitcoin Retreats Further Into the Gloom

The largest crypto by market capitalization dropped below $16,500 at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances with FTX topping the list.

Bitcoin continued its downtrend of recent days. (Getty Images)
Bitcoin continued its downtrend of recent days. (Getty Images)