Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure

Riot Platforms Inc. RIOT just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a 35.5% in the past year. Chart created using Benzinga Pro Read Also: Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein A Bearish Storm Brewing Technicals paint a ...