neutral
Bitcoin Edges Up Toward $91K Following Seven‑Month Low
Bitcoin ticked up amid persistent caution over U.S. monetary policy, trading near the $91,000 mark. The flagship cryptocurrency earlier hit its weakest level in seven months as expectations of a near‑term interest‑rate cut by the Federal Reserve faded. Volatile global markets and renewed risk‑off sentiment weighed on crypto demand, but some buy‑side interest emerged as the price tested key support levels.
Observers noted that the outlook now hinges on upcoming jobs and inflation data, which could influence both crypto and traditional asset flows.
Tags:
- crypto
- bitcoin
Explore:Mutual Fund Home
neutral
Bitcoin Edges Up Toward $91K Following Seven‑Month Low
Bitcoin ticked up amid persistent caution over U.S. monetary policy, trading near the $91,000 mark. The flagship cryptocurrency earlier hit its weakest level in seven months as expectations of a near‑term interest‑rate cut by the Federal Reserve faded. Volatile global markets and renewed risk‑off sentiment weighed on crypto demand, but some buy‑side interest emerged as the price tested key support levels.
Observers noted that the outlook now hinges on upcoming jobs and inflation data, which could influence both crypto and traditional asset flows.
Tags:
- crypto
- bitcoin
Explore:Mutual Fund Home
Breaking
neutral
Bitcoin Edges Up Toward $91K Following Seven‑Month Low
1 min read
82 words
Bitcoin rose toward $91,000 after hitting a seven‑month low, as fading Fed rate‑cut hopes and macro uncertainty continue to impact crypto sentiment.
Bitcoin ticked up amid persistent caution over U.S. monetary policy, trading near the $91,000 mark. The flagship cryptocurrency earlier hit its weakest level in seven months as expectations of a near‑term interest‑rate cut by the Federal Reserve faded. Volatile global markets and renewed risk‑off sentiment weighed on crypto demand, but some buy‑side interest emerged as the price tested key support levels.
Observers noted that the outlook now hinges on upcoming jobs and inflation data, which could influence both crypto and traditional asset flows.
Bitcoin ticked up amid persistent caution over U.S. monetary policy, trading near the $91,000 mark. The flagship cryptocurrency earlier hit its weakest level in seven months as expectations of a near‑term interest‑rate cut by the Federal Reserve faded. Volatile global markets and renewed risk‑off sentiment weighed on crypto demand, but some buy‑side interest emerged as the price tested key support levels.
Observers noted that the outlook now hinges on upcoming jobs and inflation data, which could influence both crypto and traditional asset flows.
Tags:
- crypto
- bitcoin
- crypto
- bitcoin
- cryptocurrency
- macro
- risk sentiment