Live news: Bitcoin drops below 200-week moving average as dollar strength pressures risk assets

Bitcoin fell below its 200-week moving average as the Dollar Index held above 103, while gold struggled to recover and oil prices rebounded.
Key Takeaways
- Bitcoin fell below its 200-week moving average as the Dollar Index held above 103, while gold struggled to recover and oil prices rebounded.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi

Bitcoin’s futures pile has a problem: less cash to fuel a rebound
DWF Labs' Martin Lee noted that Bitcoin futures open interest stood at 704,000 BTC this week, the highest since Sept. 24, while spot market liquidity continued to thin. Meanwhile, the Treasury's $25 billion 30-year bond auction on Nov. 12 drew a 2.36…
A Solana Treasury Firm Made $66.6M Without Making Much Revenue
DeFi Development (DFDV) stock fell 8.95% from its $3.24 previous close to $2.95 on November 12. The drop came on the day the Solana (SOL) treasury firm reported a $66.6 million third-quarter profit. The company said its net asset value (NAV) per share more…

Sygnum Launches ETH Fund Targeting 8–10% Returns in Ether
Sygnum's new ETH Alpha Fund combines staking with trading strategies. Its return target is measured in ETH, leaving investors exposed to the token's dollar price.