Odaily Planet Daily News Recently, U.S. economic data has shown mixed performance, including a slowdown in GDP growth, a decline in consumer spending, and a weak labor market, raising market expectations that the Federal Reserve may shift to a dovish stance at the May policy meeting. Analysts believe that if the Federal Reserve slows down interest rate hikes or considers cutting rates, it will benefit the performance of risk assets such as Bitcoin. Citi Chief Economist Andre Hollenhorst stated that the continued weakness in the labor market may prompt the Federal Reserve to cut rates faster than the market expects. Currently, the market only anticipates a 50 basis point rate cut by mid-2026. The price of Bitcoin has recently fluctuated between $93,000 and $95,000, with investors focusing on the impact of Federal Reserve policy changes on its trend. (The Block)