Bitcoin drops below its 50-day moving average for the first time since August, ending a 66-day streak above the line

Odaily report: Bitcoin News posted on X that after Bitcoin closed below its 50-day moving average, the price is around $80,600, falling below this moving average for the first time since August and ending a streak of 66 consecutive days above it; the price is still about 10% above its 200-day moving average. U.S. spot Bitcoin ETFs saw a net outflow of $137.9 million on Friday, marking two consecutive trading days of net outflows; the previous Thursday saw a net outflow of $635.6 million, the largest single-day outflow since June. The two trading days combined saw net outflows of approximately $773.5 million.