Bitcoin Surges in Asia Amidst Market Uncertainty.

1 min read
Source: CoinDesk
Bitcoin Surges in Asia Amidst Market Uncertainty.
Photo: CoinDesk
TL;DR Summary

Bitcoin has surged past $25,000 as Asia starts its business day, with low liquidity and high buying pressure driving the mini-crypto rally. The correlation between stocks and crypto is decreasing, with crypto markets rallying while equity markets have collapsed. Meanwhile, the Shiba Inu community is debating the origin story of the Shibarium blockchain, with accusations of plagiarism, fork or simple mistake. Despite the drama, the SHIB token has regained some of its losses since the initial selloff, but is still down 8% on the day.

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