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Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts

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Bitcoin fell below its 200-week moving average, a long-term trend marker while spot prices dropped below $61,000 for the first time since the 2022 bear market low. The broader selloff has pushed BTC down roughly 17% over seven days and more than 25% from its 30-day range, per CoinGecko data. At the… Read the full story at The Defiant

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