DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin The Defiant

Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts

Bitcoin fell below its 200-week moving average, a long-term trend marker while spot prices dropped below $61,000 for the first time since the 2022 bear market low. The broader selloff has pushed BTC down roughly 17% over...

Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts
Bitcoin fell below its 200-week moving average, a long-term trend marker while spot prices dropped below $61,000 for the first time since the 2022 bear market low. The broader selloff has pushed BTC down roughly 17% over seven days and more than 25% from its 30-day range, per CoinGecko data. At the... Read the full story at The Defiant

Original source

Read on The Defiant

Related market context