Bitcoin Hits $97K Resistance as Traders Cash Out – ADA Steals Spotlight Before Fed Decision

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2025-05-07 07:46:43

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

Bitcoin bulls face profit-taking at $97K as Cardano’s ADA surges 8% against the trend. The crypto market holds its breath ahead of today’s FOMC meeting—because nothing says ’decentralized’ like hanging on Powell’s every word.

ADA leads major altcoins with institutional-grade gains while BTC wobbles. Watch for volatility as traditional finance overlords prepare to move interest rates—again.

Smart money’s betting the Fed will do what it always does: talk tough, then pivot. Meanwhile, DeFi keeps building actual alternatives.

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