Traders watch bitcoin 'golden cross' as BTC slides to near $75,000, ZEC dives 9%
Bitcoin has fallen to around $75,500, diverging from the record highs seen in global equities. Traders are closely monitoring a potential 'golden cross' in bitcoin's moving averages, which could indicate the market's direction in the coming weeks. Meanwhile, Zcash experienced a significant drop of 9%, while overall market sentiment remains cautious due to recent ETF outflows.
- ▪Bitcoin slid to $75,498, contrasting with record highs in global stocks.
- ▪Traders are focused on an impending golden cross in bitcoin's moving averages.
- ▪U.S. spot bitcoin ETFs have seen $1.74 billion in outflows recently.
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTraders watch bitcoin 'golden cross' as BTC slides to near $75,000, ZEC dives 9%A technical setup brewing on the bitcoin chart could decide which way the market breaks next, with the largest cryptocurrency sliding even as global equities hit record highs.By Shaurya Malwa May 27, 2026, 4:35 a.m. 2 min readMake preferred on What to know: Bitcoin fell to about $75,500 even as global stocks hit record highs, widening a recent divergence between crypto and equities.Traders are focused on an impending golden cross in bitcoin’s moving averages and key resistance around $2,400 in ether, signals that could set crypto’s direction in coming weeks.U.S.
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