Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia. Ether and most other top 10 non-stablecoin cryptocurrencies also bounced back from yesterday’s losses amid strong gains in U.S. equities for January and optimism the U.S. economy is heading for a soft landing. Top memecoin Dogecoin led the pack, still gaining from reports on Monday that long-time advocate and Twitter Inc. boss Elon Musk is looking to bring payment systems to the social media platform. The crypto market cap rose 1.4% to US$1.05 trillion, with total trading volume slipping 17.1% to US$47.26 billion. (forkast)