Bitcoin - Overview as of 05.05.2025

Financial and commodity markets analytics


Bitcoin gave up some of the growth achieved earlier, and the price has rolled back to the middle of the range, around the $94500 mark. The market needs to stay in this zone in order for the rising trend to be maintained. Should prices fall below $92500, the risk of a continued decline will increase.In the short term, cryptocurrency markets may remain volatile as traders await the upcoming interest rate decision by the US Federal Reserve.