Current Price $541.27
Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000. “What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year,” Peterson said in a March…
Over the past week, cryptocurrencies prices have faced a downturn as market conditions worsened. Most digital assets struggled to hold key support levels, reflecting broader financial market concerns. Solana and XRP experienced significant price fluctuations, raising speculation about a potential weekend rebound. Meanwhile, Nasdaq’s drop below its 200-day average added to uncertainty in both crypto and traditional markets. Despite the…