May 12, 2025

Bad News is Good News: Bitcoin Plays With USD 24K as Traders Speculate on Fed Pivot and US Recession

The price of bitcoin (BTC) traded above USD 24,000 on Friday morning (UTC), reaching its highest in nearly 7 weeks, after news that the US has entered what many consider a technical recession, as well as speculations that the US Federal Reserve (Fed) will …

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