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Bitcoin breakout to $120K on radar as markets forget Fed July rate cut

cryptoweekly by cryptoweekly
May 14, 2025
in bitcoin, News
0

Bitcoin is likely consolidating before its next upward push, traders agree, while the macro picture looks tricky for risk assets as the Fed stays hawkish.

Key points:

Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going.

Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies.

Read more

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Recent Posts
  • Crypto sentiment holds steady as Bitcoin drops to $105K
  • New York AG urges Congress to bolster protections in crypto bills
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs

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