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CryptoUpdated 2h ago

Bitcoin falls below $68,000 and interacts with its 200-week average

Cointelegraph reported that Bitcoin’s price action interacted with its 200-week simple moving average for the first time since mid-August as it fell below $68,000. The outlet’s headline cited an analyst who sees a risk of a drop to $57,700. That is the analyst’s downside-risk assessment, not a price Bitcoin has reached.

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Coverage started 2h ago

Key Actors

  • Bitcoin
  • Federal Reserve System

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