Bitcoin Price (BTC) Retakes $95K Level After Early U.S. Decline
Bitcoin (BTC) recovered to nearly $95,000 after an early drop during U.S. trading hours, despite unfavorable macroeconomic data. The Dallas Fed Manufacturing Index hit a record low since the May 2020 pandemic period, falling significantly from -16.3 to -35.8, indicating economic uncertainty in response to ongoing Trump tariffs. Amid fluctuating market conditions, Bitcoin managed to remain roughly flat, marking a 0.5% increase over the last 24 hours. Meanwhile, stock performances varied, with Coinbase and others experiencing modest declines, whereas companies like Janover and DeFi Technologies saw gains despite a slight drop in SOL, a token they are acquiring. Tensions between India and Pakistan further contributed to market volatility, with recent military threats heightening nervousness. Overall, while the cryptocurrency market struggled with broader economic concerns, Bitcoin's resilience was notable, reflecting its ongoing strength against negative market sentiment.
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