Bitcoin tests key support as BTC faces fourth weekly loss
Photo: CoinJournal
Key takeaways Bitcoin, Ethereum and XRP are heading toward a fourth consecutive week of declines. BTC is down more than 2.5% this week, while ETH and XRP have lost over 4% and 5%, respectively. Bitcoin trades around $77,900, just above its 100-day EMA at $77,814. Major cryptocurrencies extend October declines Bitcoin, Ethereum, and XRP remained under pressure on Friday, putting all three on course for a fourth consecutive weekly loss since early October. Bitcoin has declined more than 2.5% so far this week. Ethereum and XRP have fallen over 4% and 5%, respectively, highlighting continued weakness across major digital assets.
Source: CoinJournal
