Why Bitcoin (BTC), Etherem (ETH) Are Rising Today? – Benzinga

May 4th is the next Fed meeting, and we just got the first negative US GDP print since 2020.

The greenback touched a 20-year high against the yen on Thursday as the Japanese unit fell below the 130 mark.

A subtle rebound in Bitcoin prices over the last couple of days means Bitcoin’s ratio of transactions taken in profit versus loss is rising, said Santiment on Twitter.

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