#BTCBreaks99K Bitcoin recovers $99K after the Fed keeps rates unchanged despite Trump's pressure.

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Bitcoin (BTC) surpassed the $99,000 mark for the first time in nearly three months after the U.S. Federal Reserve held interest rates steady, despite public pressure from President Donald Trump to ease monetary policy.

Fed holds rates, citing inflation and unemployment risks

At the conclusion of the FOMC meeting on May 7, Fed Chair Jerome Powell announced that interest rates would remain in the range of 4.25%–4.50%. He warned that elevated risks of both inflation and unemployment persist, despite signs of economic resilience.