Why Did Bitcoin Hit a New High? Let’s Break It Down:
This surge isn’t just from fresh capital flowing in. The real driver? The Fed hinted at a possible interest rate cut in July 2025 during yesterday’s monetary policy meeting — and crypto markets reacted early.
But there’s a catch. Based on the data, this move appears structurally weak:
Bitcoin hit a new high, but spot CVD and contract CVD didn’t follow.
Trading volume didn’t exceed the previous peak.
What does that mean?
This looks more like a rally driven by short liquidations and aggressive market longs on contracts, rather than true buying strength.
👉 In short: This feels like a price pump to offload positions, not a healthy breakout.
#Bitcoin #BTC #CryptoAnalysis #FedRateCut #CryptoNews #MarketUpdate