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Bitcoin Whipsaws From $107,000 To $103,000: What Went Wrong?

Bitcoinist LogoBitcoinist14h ago

Bitcoin Whipsaws From $107,000 To $103,000: What Went Wrong? - Bitcoinist

Quick Summary:

Bitcoin surrendered a weekend burst above $107,000 and was last changing hands near $103,200 in European trade, a $4,000 round-trip that unfolded in less than twelve hours.

The leading cryptocurrency printed an intraday high of $107,111 during thin Asian hours before liquidity evaporated and spot markets on Binance and Coinbase slid to $102,000.

Treasury Secretary Scott Bessent dismissed the ratings move in a televised interview on Sunday: “Moody’s is a lagging indicator.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 22:30:35 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28855981

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Bitcoin Whipsaws From $107,000 To $103,000: What Went Wrong?" was covered 14 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 13 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://nieruchomosci.beamstart.com/news/bitcoin-whipsaws-from-107000-to-17476952599152

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