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BTCusd Extends Weakness Below 80K on Binance Case Shock / Risk-Off Mode

BTCusd Extends Weakness Below 80K on Binance Case Shock / Risk-Off Mode

BTCUSD remains firmly in red for the second straight day and extends drop below psychological 80K support, to hit six-week low on Friday. Several factors contributed to the latest acceleration lower, with multi-billion loss on Binance security breach sending the shockwaves through crypto markets and fresh risk aversion, driven by weakening stocks in tech sector […] The post BTCusd Extends Weakness Below 80K on Binance Case Shock / Risk-Off Mode appeared first on ActionForex.

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