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Bitcoin Stalls at $97K as Traders Cash Out—ADA Defies Market Jitters Ahead of Fed Decision

Bitcoin Stalls at $97K as Traders Cash Out—ADA Defies Market Jitters Ahead of Fed Decision

Author:
CoindeskEN
Published:
2025-05-07 07:46:43
16
2

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

Bitcoin hits resistance near the $97K mark as profit-taking kicks in—just another day in crypto’s volatile playground. Meanwhile, Cardano’s ADA steals the spotlight with a bullish surge, outpacing majors while Wall Street sweats over Powell’s next move.

Fed watchers brace for another round of ’data-dependent’ waffling—because nothing says ’stable monetary policy’ like flip-flopping on inflation targets. ADA’s rally? Either genius timing or another reminder that crypto markets laugh at traditional finance’s playbook.

|Square

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