Bitcoin - Overview as of 02.05.2025

Financial and commodity markets analytics


Bitcoin overcame the upper boundary of the local range ($95000-95500). This happened against the background of weak data from the U.S., which strengthened expectations of interest rate cuts by the Fed as early as June 18. The probability of such a decision has grown to 60%.In case bitcoin holds its positions, the next goal will be to reach the psychologically important for the market level of $100000. However, today it is important to follow the market dynamics after the news publication. Traders and investors are waiting for data on the state of the labor market in the United States.