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Bitcoin Sees Selling at $97K, Cardano’s ADA Leads Majors Gains Ahead of FOMC Meeting

CoinDesk LogoCoinDesk1d ago

Bitcoin Sees Selling at $97K, Cardano’s ADA Leads Majors Gains Ahead of FOMC Meeting - CoinDesk

Quick Summary:

Market volatility may soar as a regional tussle between India and Pakistan intensifies and the U.S.-China trade war looms.

Meanwhile, Ethereum trades in a narrower $1,600–$1,900 range, still lagging behind BTC’s momentum, with sentiment more muted amid fewer catalysts and cautious capital rotation into altcoins,” Lee added.

This upward movement came as a surprise, as investors were de-risking positions ahead of a decision by the Fed about changing interest rates.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 07:46:43 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 420 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28463442

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Bitcoin Sees Selling at $97K, Cardano’s ADA Leads Majors Gains Ahead of FOMC Meeting" was covered 1 days ago by CoinDesk, a news publisher based in United States.

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CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #28463442
  • URL: https://beamstart.com/news/bitcoin-sees-selling-at-97k-17466053326729

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