Bitcoin Extended Gains Near Four-Month High Amid M…
From Financial Modeling Prep: 2025-05-19 06:27:00
Bitcoin surged to $104,815, nearing its all-time high, driven by easing U.S.-China trade tensions, dovish Fed outlook, and Moody’s downgrade of U.S. credit rating.
Factors like trade-tension relief and a dovish Fed outlook boosted Bitcoin’s appeal as a dollar hedge and safe haven asset.
Institutional interest in Bitcoin grows as MicroStrategy adds $1.34 billion worth of BTC to its treasury, and Coinbase becomes the first pure-play crypto exchange in the S&P 500.
Track Bitcoin’s price and market trends in real-time with FMP’s Cryptocurrency Daily API and Historical Data API for strategic decision-making and risk management.
To navigate Bitcoin’s volatility, allocate strategically in portfolios, monitor macro shifts, and use data-driven analysis for entry points and risk management.
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