May 23, 2025

Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets

Bitcoin’s BTC$106,546.31 surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000.After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading just …

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