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Benchmark Crypto Indices Weekly Performance Review — April 13

Over the past 7 days, the FS CryptoFX Agg Index increased by 4.5%, compared with a 12.1% increase for the S&P 500. Bitcoin started the week with a robust 10% rally that brought the price above $7,400 again for the first time since the March correction. However, Bitcoin sharply declined on Friday morning, and ultimately finished the week up 2.6% due to a rally on Sunday. Over the past two weeks, Bitcoin has tested its 50D moving average but was not able to break through this level of resistance. However, it is still too early to conclude that Bitcoin will not break through this key level of resistance and thus bears watching closely as key technical level in the coming week.

Benchmark Crypto Indices Weekly Performance Review — April 13
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