Cryptopolitan
2025-11-16 18:39:08

Bitcoin plunges below $94,000, indicators flash “death cross”

The crypto seas just got choppier. Bitcoin plunged to $93,000, its largest drop since April as investors fled risk ahead of US futures opening. According to CoinGecko, BTC is trading around $93,657 at last check. The odds that Federal Reserve will cut interest rates in December have cratered to 44%, a new low. Secondly, Bitcoin’s on‑chain and technical indicators are flashing warnings: the so‑called “death cross” (when a short‑term moving average crosses a long‑term average, hinting at bearish momentum) seems imminent for Bitcoin

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