market-movements
3 stories related to this topic, newest first.
forbes.comBitcoin 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.
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.
cointelegraph.com$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…