Bitcoin returns to 200-week trend line as analyst sees risk of $57.7K next
Bitcoin price action interacted with its 200-week simple moving average for the first time since mid-August as it fell below $68,000.
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Live updates: Bitcoin eyes bear market lows as late summer rally mostly wiped out
Equity markets are falling as well, with interest rates and the dollar surging amid an increasingly hawkish Federal Reserve.
Read the original story ↗Jane Street boosts Fidelity Bitcoin ETF holdings nearly 8x, trims IBIT
Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million.
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