#MarketPullback

Bitcoin began the new working week with a decline. The weakness of the cryptocurrency has become a topic of discussion in the crypto community regarding the prospects for its further price movement.

The editorial team at BeInCrypto has gathered in one review the predictions of investors, as well as arguments supporting their points of view.

What is happening with Bitcoin

Bitcoin reached a local maximum on May 2, 2025, at the level of $97,877. Contrary to investors' expectations, the cryptocurrency has not been able to break through $100,000 again. After updating the local maximum, the coin began a correction, which continued at the beginning of the new working week. At the time of writing the review, Bitcoin is trading at $94,388, which is 13% lower than the absolute maximum of $109,114.

In anticipation of the Fed's decision

The crypto market is in turmoil in anticipation of the Fed's next interest rate decision. At the time of writing the review, most market participants are confident that the regulator will keep the rate at the same level.