Bitcoin (BTC) recovers above $113,000 at the time of writing on Thursday after finding support around a key level earlier this week. As attention turns to the start of the Bitcoin Asia conference in Hong Kong, this recovery has been boosted slightly. However, traders remain cautious as spot demand stays neutral and perpetual futures sentiment appears fragile.
Bitcoin is trading above $113,000 on Thursday, showing resilience after a 12% pullback from its mid-August record high of $124,474. The market sentiment boosts slightly as the start of Bitcoin Asia conference in Hong Kong on Thursday is expected to draw 15,000 attendees, making it the second-largest global Bitcoin event.
Polkadot (DOT) edges higher by 2% at press time on Thursday, underpinned by Paraguay’s investment to tokenize Assunción Innovation Valley, which is equipped with a hotel, university, and data center. The technical and on-chain outlook…
