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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
  • Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
  • Ethereum Foundation unveils security initiative to supplant legacy systems
  • 3 reasons why Ethereum price could rally to $5,000 in 2025
  • Crypto execs flock to DC to support Senate stablecoin bill
  • New York has 'outsized role to play' in crypto ecosystem — State regulator head
  • Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
  • VanEck launches 'Onchain Economy' ETF

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