Bitcoin Slips as Recovery Stalls, Bears Eye $100K Support Level

Tekedia | 05-09-2025 12:02pm |

Bitcoin slipped early Thursday as the recent crypto market recovery lost momentum, despite renewed optimism that the Federal Reserve may soon begin cutting interest rates. On Wednesday night, Bitcoin briefly touched $112,529, its highest point of the week. According to analysts, this correction shifted the market from a “euphoric phase” to a net distribution phase,

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