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Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

cryptoweekly by cryptoweekly
April 30, 2025
in bitcoin, News
0

Bitcoin bulls return in force as traders shake off bearish US economic news and attempt to reclaim the $95,000 level.

Key takeaways:

Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off.

Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future.

Read more

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Recent Posts
  • New Zealand man arrested in $265M crypto scam tied to FBI probe
  • Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
  • Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
  • Paraguay deports three undocumented immigrants after crypto mining theft attempt
  • Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
  • French crypto entrepreneurs to receive extra security amid recent kidnappings: Report
  • Tokenization makes investing more accessible — Robinhood exec

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