Bitcoin Slips Below $81K as Oil Rises and Stocks Fall
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin fell below $81,000 alongside weaker stocks, while Brent crude reached its highest level since March.
Bitcoin slipped below $81,000, putting its ability to regain support above that threshold in focus.
The cryptocurrency’s decline coincided with falling stock prices. Meanwhile, Brent crude climbed to its highest level since March.
The moves left Bitcoin’s 50-day moving average as a key technical reference as the market looked for support.
Source: Cointelegraph
