In a surprising move that could change the game, the U.S. Federal Reserve announced the lifting of previous restrictions that limited banks from engaging in cryptocurrency activities. This step comes as part of a wave of pro-digital asset policies under the Trump administration, amid increasing support from Wall Street.
The news did not go unnoticed in the market, as investors view it as a strong signal of greater openness from decision-makers, enhancing the chances of a rise in cryptocurrencies in the upcoming phase.
On the other hand, markets are awaiting the interest rate decision on May 7, amid possibilities of a cut in June, which could weaken the dollar and strengthen the risk appetite towards digital assets like Bitcoin and Ethereum.
With the escalating debate over the Federal Reserve's spending and criticism from figures like Elon Musk, the upcoming phase appears sensitive both financially and politically… but it is certain that cryptocurrencies have become part of the central discussion.
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