Bitcoin is in bear territory for the third straight day and investors are still looking to DeFi to capture gains during the dump.
- Bitcoin (BTC) trading around $10,606 as of 20:00 UTC (4 p.m. ET). Slipping 0.90% over the previous 24 hours.
- Bitcoin’s 24-hour range: $9,894-$10,081
- BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.
Bitcoin trading on Coinbase since September 2.Source: TradingView
Bitcoin’s price dropped below $10,000 Friday, sliding as low as $9,894 on spot exchanges such as Coinbase.