Live News: Bitcoin Loses 16% in a Month as Oil Rebounds and Tech Futures Dip

Live news: Bitcoin loses 16% in a month as oil rebounds and tech futures dip

Bitcoin fell below its 200-week moving average as the Dollar Index held above 103, while gold struggled to recover and oil prices rebounded.

Bitcoin Has Fallen Back to the Crucial 200-Week Ma - ActionForex

Bitcoin briefly dipped below $67.5K at 05:45 GMT on Friday, extending its losses since the start of 12 November to 9%. The latest leg of the sell-off coincided with a period of low liquidity ahead of the start of active trading in Europe. During such periods, the market often moves as pending orders are executed if the price breaks out of an established trading range, as was the case this time. Later, we saw attempts at a rebound and stabilisati…

Bitcoin Falls 8.5% to $67,640, Testing Its 200-Week Average

The drop also took BTC below $70,000 for the first time since August, with support near $65,750.

Live news: Bitcoin drops below 200-week moving average as dollar strength pressures risk assets

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