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First Mover Asia: Bitcoin Flirts With $23.4K as Fed's Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors

ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed.

Crypto markets responded positively to Fed Chair Jerome Powell's latest comments about inflation. (Getty Images)
Crypto markets responded positively to Fed Chair Jerome Powell's latest comments about inflation. (Getty Images)