#USStablecoinBill What is happening with Bitcoin

Bitcoin reached a local maximum on May 2, 2025, at $97,877. Contrary to investors' expectations, the cryptocurrency failed to break through $100,000 again. After updating the local maximum, the coin started a correction that continued at the beginning of the new working week. At the time of writing this review, Bitcoin is trading at $94,388, which is 13% lower than the absolute maximum of $109,114.

In anticipation of the Fed's decision

Crypto is in turmoil in anticipation of the next Fed interest rate decision. At the time of writing this review, most market participants are confident that the regulator will keep the rate at the same level.