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Posted: 2025-05-06 21:34:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-06 21:34:53 UTC
Verified By
Rollup News
The crypto market experienced a downturn on May 6, 2025, influenced by large Bitcoin whale movements, the Federal Reserve's interest rate decision, and Ethereum's underperformance.
Bitcoin whale movements
Federal Reserve's interest rate decision
Economic uncertainty due to tariffs
Ethereum's underperformance and upcoming upgrade
Economic uncertainty due to tariffs
Potential U.S. recession
Ethereum upgrade uncertainty
Negative market sentiment