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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
  • Many senators absent from ‘bipartisan’ crypto market structure hearing
  • Ether liquidity sits above $2.5K: Will ETH bulls grab it?
  • FalconX joins Crypto.com as partner for Lynq institutional settlement network
  • Chainlink, Mastercard partner to allow 3 billion cardholders to buy crypto
  • ETH trades near $2.5K, but weak demand clouds bullish outlook
  • NYC mayor lays out crypto plans as city residents vote in Democratic primary
  • Bitcoin rebounds to $105K as Coinbase premium hits second 2025 high

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