#FOMCMeeting

📊 All eyes are on the Federal Reserve as the FOMC concludes its two-day meeting today, May 7. Markets widely expect interest rates to remain steady at 4.25%–4.50%, but crypto traders are closely monitoring Chair Jerome Powell’s remarks for any dovish signals. A hint towards future rate cuts could ignite bullish momentum in risk assets like Bitcoin and Ethereum. Currently, Bitcoin hovers around $94,282, reflecting cautious sentiment ahead of the announcement. As macroeconomic factors continue to influence crypto markets, staying informed on policy shifts is crucial for strategic positioning. Prepare for potential volatility and adjust your strategies accordingly. #CryptoMarkets #bitcoin #Ethereum #Binance