February 25 BTCUSD BingX Chart Analysis and Today's Headline

BingX’s Bitcoin Chart


Bitcoin is down 3.54% over the last 24 hours and fell to an intraday low of $22,841.19. The largest cryptocurrency was unable to hold above the 20-day exponential moving average ($23,430) today, suggesting the sellers increased the selling pressure. The negative divergence on the relative strength index (RSI) suggests that the bullish momentum is weakening. If the price sustains below the 20-day EMA, bears will likely push the price to the 50-day simple moving average ($22,052).

Today’s Cryptocurrency Headline

Polygon zkEVM to Launch Audit Upgrade Testnet Next Week

Polygon Labs will launch the Polygon zkEVM audit upgrade testnet next week. The audit-upgraded testnet for Polygon zkEVM will be nearly the same as the permissionless, anyone-can-join, no whitelist, real assets, live system with a working prover that launches with Mainnet Beta.After the deployment of the audit upgrade testnet, Polygon zkEVM will also support Etherscan and integrate FFLONK to improve verifier performance.