Bitcoin Holds Strong at $29.1K as Worldcoin Surges: First Mover Asia
Bitcoin opens Tuesday down 3% at $29,179, while Worldcoin's WLD token surges 30% in the last 24 hours. Altcoin dominance has reached a multi-month high, with bitcoin's volume dominance declining to its lowest level since April. Ethereum co-founder Vitalik Buterin raises concerns about Worldcoin's real-world privacy and centralization implications. Bitcoin investment products experience a $13 million outflow, while smaller cryptocurrencies like ether and Ripple's XRP gain favor. Bitcoin mining is on the rise, with the hashrate increasing five-fold since June 2021. Worldcoin launches its WLD token and mainnet, while Hong Kong lawmaker Johnny Ng invites Coinbase to the city. Russia's President Putin signs a law enabling the possibility of a central bank digital token.
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