$BTC

Despite President's pressure to lower rates, the Fed faces a complex economic situation. Inflation has exceeded the 2% target, reaching 2.4% year-on-year in March, and one-year expectations project 6.5%.

Additionally, the labor market remains strong, supporting a wait-and-see stance from the Fed.

In this context, the crypto market shows caution.

Bitcoin has slightly decreased to $94,219, while other cryptocurrencies like XRP and Ether have also experienced declines. . .. .. !

The lack of clear signals about future rate cuts keeps investors alert to statements from Fed Chairman Jerome Powell... .. .. .. .