First Mover Asia: What Analysts Say After Crypto Lender Celsius Paused Withdrawals; BTC falls below $ 23,000

Bitcoin was recently trading at about $ 22,500, a drop of more than 16% over the last day. As for the main altcoins, the question was not whether they were in red, but how much. Ether, the second largest market capitalization cryptocurrency, was changing hands at about $ 1,200, with a discount of more than 17% over the same period and its lowest level since January 2021. The CRO went down more 20% at some point in the middle of the news that the cryptocurrency exchange about 5% of its workforce, about 260 jobs. Wrapped bitcoin (WBTC) and TRX were down almost the same at the time.

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