First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops – CoinDesk

The largest cryptocurrency has been trading mostly in the low $60,000′s since hitting an all-time high near $69,000 last week.

This time, however, buyers could face resistance around $65,000 given the loss of upside momentum this week.

“First Mover” hosts spoke with Bram Cohen, co-founder of the Chia Network, following his company’s announcement that it would be supplying technical services for the Costa Rican government to track climate change metrics.

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Damanick is a crypto market analyst at CoinDesk where he writes the daily Market Wrap and provides technical analysis.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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