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Bitcoin Slides as Fed Rate Cut Hopes Diminish

Summary by Fortune
Bitcoin declined alongside broader risk assets Friday as receding hopes for U.S. interest rate cuts dented investor appetite.  The largest cryptocurrency dropped to a low of $114,762, the lowest since July 11, before slightly paring those losses. Ether, the second-largest digital token, traded broadly flat and XRP was down around 3% as of 7:10 a.m. in New York.  Bitcoin had reached an all-time high of $123,205 earlier in the month, continuing a …

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Bitcoin slides as Fed rate cut hopes diminish

(Bloomberg/Suvashree Ghosh and Emily Nicolle) — Bitcoin declined alongside broader risk assets Friday as receding hopes for US interest rate cuts dented investor appetite. The largest cryptocurrency dropped to a low of $114,762, the lowest since July 11, before slightly paring those losses. Ether, the second-largest digital token, traded broadly flat and XRP was down around 3% as of 7:10 a.m. in New York. Bitcoin had reached an all-time high of …

·San Jose, United States
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BloombergBloomberg
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Bitcoin Slides as Fed Rate Cut Hopes Diminish

Bitcoin declined alongside broader risk assets Friday as receding hopes for US interest rate cuts dented investor appetite.

·United States
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larepublica.colarepublica.co

Bitcoin Falls in the Face of Reduced Hopes for a Cut in Rates by the Edf

The ether, the second largest digital currency, quoted virtually unchanged and the XRP dropped by about 3% early in the morning.

·Bogotá, Colombia
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Bitcoin drops below $116K as Fed rate cut hopes fade

Bitcoin declined on Friday, falling in line with other high-risk assets as expectations for a U.S. Federal Reserve rate cut next week diminished. The cryptocurrency slid to $115,122, marking itsRead More...

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Bloomberg broke the news in United States on Friday, July 25, 2025.
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