Bitcoin Slips Below 200-day SMA as 10-Year Treasury Yield Hits Lowest Since April
Yahoo Financeยท2025-10-17 07:10
Bitcoin (BTC) continued to lose ground Friday, falling below a key average as risk stayed on the defensive, driving Treasury yields to multi-month lows. The leading cryptocurrency by market value fell below its 200-day simple moving average of around $107,500, extending losses to $106,900, CoinDesk data show. Prices were down 7% for the week, following the past week's 6.5% drop. Other tokens such as XRP, SOL and ETH also extended losses, taking their respective weekly declines to 9% to 12%. BTC's losses ...