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Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
coindesk.com/markets/2025/05/21/bitcoin-backs-off-quickly-from-record-high-as-interest-rate-surge-hits-risk-assets
Bitcoin's BTC surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000.
After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading just above $107,000 according to CoinDesk’s…
This story appeared on coindesk.com, 2025-05-21 19:01:52.