# Bitcoin Closes Above 50-Week Average for Seventh Week Despite More Than $6 Billion Hack By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/46019 Published: 2026-11-02T00:09:27.000Z Updated: 2026-11-02T00:09:27.000Z Section: Investing > The latest close extended Bitcoin’s previous six-week run above the same measure. Bitcoin (BTC) closed above its 50-week moving average for a seventh consecutive week despite a hack involving more than $6 billion at a cryptocurrency exchange. The latest close extended a [six-week run above the same average](). ## Links in this article - [six-week run above the same average](https://www.tokenpost.com/news/investing/41971)