$BTC In the context of current crypto traders reducing leverage after the U.S. Federal Reserve hinted at keeping interest rates stable until inflation improves, the cryptocurrency market continues to see growth. Bitcoin has seen a slight increase despite concerns about declining demand and low blockchain activity. This raises predictions that the price of Bitcoin could drop to around $86,000 compared to the current value of over $97,000. Furthermore, the open interest volume in Bitcoin futures contracts has significantly decreased, reflecting the market's cautious sentiment as volatility eases and riskier investments weaken.

Geopolitical tensions and broader macroeconomic factors are influencing traders' decisions, marking a potential shift in market dynamics. Economic reports and upcoming token events are also being closely watched, including the launch of new tokens and governance discussions in specific blockchain projects.

Another interesting event is the town of Fornelli, in the Molise region of Italy, which will unveil a monument dedicated to the creator of Bitcoin, Satoshi Nakamoto, on May 1st. This artwork, designed by artist Mattia Pannoni and funded by the local government, aims to recognize the importance of innovative ideas from the youth. Fornelli boasts the highest density of Bitcoin users in the world among its 1,800 residents. The identity of Satoshi, who remains anonymous, has inspired various artworks, often depicting a faceless character. This monument will be placed at Piazza Umberto I, creating a new landmark for the cryptocurrency industry.