Bitcoin and Crypto Prices Decline, CoinDesk Indicators Turn Neutral

• Bitcoin price dips below $62.5K, CoinDesk's BTC Trend Indicator turns neutral • Crypto prices continue declining, Bitcoin down 4%, Ether above $3K • CoinDesk 20 measure of top cryptos down 4% • BTI bullish signal weakens with upside momentum slowing • Luxury watch prices decline amid high inventory, recovery seen as premature