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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
  • They trusted a sealed wallet from TikTok, and it cost them $6.9M
  • Ether preps record short squeeze as analysis sees $4K ETH price 'soon'
  • Charles Schwab plans to launch Bitcoin, Ether spot trading, CEO says
  • Crypto exchange Bullish files for US IPO, targets NYSE listing as “BLSH”
  • Jack Dorsey’s Block to join S&P 500, stock surges 9% after-hours
  • Bitcoin ‘pausing here for air’ likely, but another July ATH still possible
  • Bitcoin’s first Batman? Peter McCormack plans to buy his own police force

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