Asia Morning Briefing: Structural Demand Anchors Bitcoin After Record $20B Liquidation

Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

Crypto’s largest-ever leverage wipeout has left …