$BTC

Bitcoin (BTC) is trading at approximately $102,276, reflecting a slight decrease of 0.73% from the previous close. The day’s trading range has seen a high of $103,028 and a low of $100,190.

The Federal Open Market Committee (FOMC) is set to announce its latest interest rate decision today. Economists widely expect the Federal Reserve to maintain the current federal funds rate at 4.25%–4.50%, with potential rate cuts anticipated later in the year. 

Bitcoin’s price has historically been sensitive to FOMC decisions. For instance, after the December 18, 2024 meeting, where the Fed reduced the number of projected 2025 rate cuts from five to two, Bitcoin’s value declined by nearly 15% to around $92,800. 

Investors should monitor the FOMC’s announcement closely, as any unexpected policy shifts could lead to increased volatility in the cryptocurrency market.