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Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes

cryptoweekly by cryptoweekly
May 28, 2025
in bitcoin, News
0

Bitcoin eyes fresh multiday lows with risk assets suffering from a lack of volatility catalysts and fading hopes of a Fed rate cut before September.

Key points:

Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September.

Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says.

Read more

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Recent Posts
  • Pavel Durov warns France is experiencing societal collapse
  • Bitdeer to offer $330M convertible notes to expand operations
  • US DOJ files to seize $225M in crypto tied to pig butchering schemes
  • New York authorities freeze $300K linked to crypto scammers
  • Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
  • Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral
  • Chinese Central Bank pledges global expansion of digital yuan — Report

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