Bitcoin Faces Impending ‘Death Cross’ After Plunge Below $60,000

The price of the flagship cryptocurrency Bitcoin ($BTC) has dropped by more than 10% over the past week to now trade at around $57,500 per coin, but the price drop saw the cryptocurrency teetering on the brink of a bearish technical pattern known as the “death cross.” The cryptocurrency’s price action, according to a chart […] source: https://www.cryptoglobe.com/latest/2024/08/bitcoin-faces-impending-death-cross-after-plunge-below-60000/