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Bitcoin Holding Above Key Support Amid Trade Talks

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Published on 2025-05-07

Bitcoin showed resilience with a half-hour surge of 1.4%, currently trading around $97,400, maintaining above critical support levels near $93,198. Market sentiment remains relatively positive with the crypto fear and greed index declining to 59, indicating ongoing greed despite recent volatility. On the macro front, ongoing negotiations suggest a potential US-UK trade agreement set to reduce tariffs on automobiles and steel, which could provide broader economic stability.

Bitcoin Holding Above Key Support Amid Trade Talks