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market-movements

3 stories related to this topic, newest first.

Bitcoin Trades Near $77,000 After Rejection at 200-Day Moving Averageforbes.com
finance9 days agoDeveloping

Bitcoin Trades Near $77,000 After Rejection at 200-Day Moving Average

Bitcoin fell below its 200-day moving average at $82,200 following repeated rejections at that level. The move came after a vote on the CLARITY Act and coincided with $1 billion in outflows last week.

Benzinga
1 source
Momentum Stocks Post Worst Two-Day Selloff Since 2022forbes.com
finance10 days agoDeveloping

Momentum Stocks Post Worst Two-Day Selloff Since 2022

Momentum stocks recorded back-to-back daily declines exceeding 5 percent each, marking the first such occurrence since 2022. The two-day drop represents the largest selloff for the group in that period.

ZE
1 source
$292 Million Kelp DAO Exploit Leads to $10 Billion Aave Outflows and 40% TVL Declinecointelegraph.com
finance37 days agoDeveloping

$292 Million Kelp DAO Exploit Leads to $10 Billion Aave Outflows and 40% TVL Decline

More than $10 billion has left Aave following the $292 million exploit of Kelp DAO, which broke the cross-chain backing of rsETH. Aave's total value locked fell about 40%, with some funds moving to Maker-linked Spark and stablecoins. Bitcoin climbed to $78,100 amid separate devel…

CoinDesk
1 source