Cryptocurrencies continue to pressure investors. We are experiencing declines over the weekend. These declines are not very significant before the week when the FED's interest rate decision will be announced. Markets will determine their real direction after May 7.
Sales are occurring in altcoins. $BTC is at a strong point above $95,000. After May 7, we could see $BTC heading towards $100,000.
There is an expectation that the FED will keep the interest rate unchanged. However, in our opinion, Powell may lower the rate. Trump is putting significant pressure. The US President has been saying for months that rates should go down. Investors and companies want the interest rate to decrease. Powell may not be able to resist these demands any longer...
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