Bitcoin plunges below 93,000 for the first time since April 28th, 2025. In the daily chart, a death cross formed as the 50MA has finally crossed below the 200MA.
Mogo Inc. (MOGO) a digital wealth and payments business, today announced that its Board of Directors has approved a change to its treasury management strategy to include Bitcoin and Bitcoin ETFs and authorized an initial investment of up to $5.0 million.
Bitcoin plunged to the lowest level since November 28, 2020, giving up over 11% at $16,569 as investors fear that the FTX collapse will spread across the cryptocurrency markets. The sell-off has intensified the last hour across the board
Bitcoin had a quiet weekend after a stormy week that drove the number one cryptocurrency below the $19000 mark. Bitcoin is approaching the end of third quarter with losses that exceed 10%, while YTD losses are up to 59%.