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First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.

By Muyao Shen, Damanick Dantes

Updated May 11, 2023, 4:27 p.m. Published Dec 9, 2021, 11:30 p.m.

SIERRA NEVADA, SPAIN - MARCH 09: Ikuma Horishima of Japan crashes before going on to win the gold medal in the Men's Dual Moguls on day two of the FIS Freestyle Ski and Snowboard World Championships 2017 on March 9, 2017 in Sierra Nevada, Spain. (Photo by Clive Rose/Getty Images)