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On Monday, shares of the BITX ETF (Symbol: BITX) traded as low as $32.83, entering oversold territory with a Relative Strength Index (RSI) reading of 29.0, indicating heavy selling. In comparison, the RSI for the S&P 500 stands at 40.9.
BITX has a 52-week low of $29.34 and a high of $72.80, with the last trade recorded at $33.31. The stock remains flat on the day amid a backdrop of increasing caution among investors.
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