Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure
Posted On April 1, 2025
Riot Platforms Inc. (NASDAQ:RIOT) just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average.
While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to date and a 35.5% in the past year.
Chart created using Benzinga Pro