#FOMCMeeting

The Federal Open Market Committee (FOMC) is convening on May 6–7, 2025, with widespread expectations that interest rates will remain steady at 4.25%–4.50%. This decision comes amid economic uncertainties, including a 0.3% GDP contraction in Q1 and ongoing inflation concerns exacerbated by recent tariff policies.

For the crypto market, this meeting is pivotal. Bitcoin (BTC) is currently trading around $94,387, while Ethereum (ETH) and BNB are at $1,804 and $598, respectively. Analysts suggest that a hawkish tone from Fed Chair Jerome Powell could pressure BTC towards the $91,500–$92,000 support zone. Conversely, dovish signals hinting at future rate cuts might propel BTC past the $100,000 mark.

Traders are advised to monitor Powell's speech closely, as his commentary could significantly influence market sentiment and volatility. With the Fed's cautious stance and the crypto market's sensitivity to macroeconomic cues, this FOMC meeting could set the tone for digital assets in the coming months.

Stay informed and trade wisely as the outcomes of this meeting unfold.