May 7, 2025

BTC Retraces as US Stocks Fall, But Bullish Momentum Remains

1 min read

Bitcoin sold off with United States equities at the Sept. 20 Wall Street open as risk assets took a break from macro-induced upside. Data from Cointelegraph Markets Pro and TradingView showed BTC price action coming full circle from the daily open after hitting new three-week highs of $64,121 on Bitstamp. The S&P 500, which set a new all-time high following a jumbo interest rate cut by the Federal Reserve on Sept. 18, also slid alongside the Nasdaq 100. Gold saw room for further gains, up 1% on the day at the time of writing, while BTC/USD quickly canceled out its

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