Asian Stocks Fall as Bitcoin Takes a Breather – Asian Market Update

Bitcoin Monday morning finally took a breather from the incredible gains of the past few days. Having moved from $5,700 to close to $7,600 in just one week, bitcoin fell back by about 2 percent to $7,200 during the Asian trading session on Monday. Bitcoin’s younger sibling litecoin was also down slightly during early morning trading on Monday, shredding off 1.1 percent to $53 as of midday in Asia. Despite recent days’ slight losses, litecoin’s longer-term healthy uptrend is still intact, with the price now trading near the lower end…

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