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. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY trading session with a slightsell-off to $92,910following alarm-raising US GDP data, which showed the economy shrank in Q1 2025. The move mirrors a similar recovery...
Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
Coin Telegraph - 30 Apr 2025 23:58
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. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY trading session with a slightsell-off to $92,910following alarm-raising US GDP data, which showed the economy shrank in Q1 2025. The move mirrors a similar recovery...
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