With Donald Trump's inauguration on January 20, 2025, the cryptocurrency market is buzzing with anticipation. Bitcoin has experienced a significant surge, reaching new highs. However, the upcoming Federal Reserve's Federal Open Market Committee (FOMC) meeting on January 29 poses potential challenges. Analysts suggest that the Fed's policy decisions could impact Bitcoin's momentum. The CME Group’s FedWatch tool indicates an 88.8% probability that the federal target rate will remain between 425 and 450 basis points. Previously, Bitcoin's price dropped nearly 15% to $92,800 following the December FOMC meeting, where the Fed reduced its projected 2025 rate cuts from five to two. As the market navigates these developments, the question remains: Will Bitcoin continue its upward trajectory or face a pullback due to monetary policy shifts?
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