Bitcoin Rises But Sellers Abound | Bitcoin and Crypto News

Bitcoin surges near $65K after softer-than-expected U.S. inflation data, but the rally’s momentum is being squeezed by a surprising double whammy: long-term holders cashing out to cut losses from last year’s high buys, while short-term traders lock in profits—sparking a ceiling that could stall further gains. Beneath the surface, analysts caution that the inflation relief may be fleeting, with gas prices already rebounding and geopolitical tensions looming, suggesting the market’s optimism might be built on shaky ground. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9a7157264bcc260f