Bitcoin (BTC) has reclaimed the $99,000 mark, reaching its highest level since February 2025. This surge follows the Federal Reserve's decision to maintain interest rates between 4.25% and 4.50%, despite public pressure from President Donald Trump to implement rate cuts.

Federal Reserve's Stance Amid Political Pressure

  • Interest Rates Unchanged: On May 7, 2025, the Federal Reserve announced it would keep interest rates steady, citing concerns over inflation and unemployment.

  • Trump's Criticism: President Trump publicly urged the Fed to lower rates, labeling Chair Jerome Powell a "major loser" for not complying.

  • Fed's Independence: Chair Powell emphasized the Fed's commitment to data-driven decisions, stating that political pressure does not influence their actions.

Bitcoin's Market Response

  • Price Fluctuations: Following the Fed's announcement, Bitcoin briefly dipped to $95,866 but quickly rebounded, reaching $99,049.

  • Institutional Interest: Spot Bitcoin ETFs have seen $4.41 billion in inflows since March 26, indicating renewed institutional confidence.

  • Investor Sentiment: The Crypto Fear & Greed Index has returned to "Greed" territory, reflecting bullish market sentiment.

Future Outlook

  • Potential for New Highs: Analysts suggest that if Bitcoin breaks the $100,000 resistance level, it could set a new all-time high.

  • Economic Indicators: The Fed's cautious approach, combined with ongoing trade tensions and inflation concerns, may continue to influence Bitcoin's trajectory.

Market Momentum Summary

  • Bitcoin just hit $99,560, making a strong comeback after dipping to $95,959 earlier in the day.

  • Daily movement: Up by 2.67%, or $2,587, showing strong bullish momentum.

  • Psychological milestone: BTC briefly crossed $100K, hinting at potential breakout levels.

  • Investor mood: Fear & Greed Index is now back in “Greed” territory, confidence is returning fast.

  • Institutional signals: Spot Bitcoin ETFs pulled in over $4.41 billion recently, showing heavy interest from big players.

Final Words

Bitcoin's swift rebound to $99K, following the Fed’s rate decision and mounting political pressure, underscores the market’s sensitivity to macroeconomic signals. While resistance at $100K remains a psychological hurdle, growing institutional interest and strong on-chain metrics suggest the bulls are far from done.

Still, volatility remains a constant companion in crypto. Whether you're a seasoned trader or a curious observer, now is the time to stay informed, cautious, and focused on fundamentals.

#BitcoinSurge #FederalReserve #CryptoMarket

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.