Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility. Glassnode says even a pullback toward $75,800 could leave the broader technical setup intact. Bitcoin Closes Above 50-Week Average for 7th Straight Week Bitcoin just absorbed one of crypto’s largest exchange hacks […]
Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack
Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility.…
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Bitmine adds 8,573 ETH as Tom Lee flags muted Binance hack reaction
Bitmine added 8,573 ETH last week, lifting holdings to 6.06 million ETH, as Tom Lee flagged muted market response to Binance's hack.
Strategy Buys 811 Bitcoin for $65.5M as Reserve Reaches $4.9B
Strategy acquired 811 bitcoins for approximately $65.5 million, bringing its total holdings to 849,327 BTC and U.S. dollar assets to $4.9 billion. Record Earnings and Financial…
Strategy spends triple its weekly Bitcoin outlay on STRC buybacks
Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.