Analysis: Bitcoin is falling, and the expected cooling of US interest rate cuts will affect the demand for risky assets
2025-07-25 08:49:13
Bitcoin prices fell on Friday, following a broader decline in risk assets as investors' appetite for risk waned amid waning expectations of a rate cut by the Federal Reserve. "The overall uptrend remains intact, but momentum has cooled and traders are cautious," said Rachael Lucas, cryptocurrency analyst at BTC Markets. Cryptocurrencies came under pressure as new US jobs data highlighted the resilience of the labour market, further strengthening expectations that the Federal Reserve will sit tight next week, helping the MSCI Asia Pacific index end a multi-day rally.
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