#FOMCMeeting The Federal Reserve’s Federal Open Market Commi | RabNK on Binance Square

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#FOMCMeeting The Federal Reserve’s Federal Open Market Committee (FOMC) is currently holding its May 2025 meeting, which began on May 6 and is scheduled to conclude on May 7 at 2:00 PM Eastern Time (10:00 PM UAE time). A press conference with Fed Chair Jerome Powell will follow at 2:30 PM Eastern Time (10:30 PM UAE time) . 

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$BTC As of May 7, 2025, Bitcoin (BTC) is experiencing a significant surge, trading at approximately $97,099 USD, up nearly 3.5% from the previous close. The intraday high reached $97,513, with a low of $93,587 .

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$TRUMP The coin’s value surged initially, reaching over $73 per token, but has since declined significantly. As of May 7, 2025, the price is approximately $0.00024, with a market capitalization of around $1.75 million . The project has faced criticism for potential conflicts of interest, as Trump’s administration has promoted pro-crypto policies while his entities hold a substantial portion of the coin’s supply. Ethics experts have raised concerns about the implications of a sitting president being involved in such ventures .

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#BTCPrediction Finder’s Panel: Anticipates an average BTC price of $161,105 by year-end, with potential highs reaching $185,000. • Tom Lee (Fundstrat): Projects BTC could surge to $250,000, citing historical halving cycles and increasing institutional interest. • Michael Saylor (MicroStrategy): Envisions BTC as a global store of value, predicting a price of $200,000 by 2025.

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#MEMEAct 🧠 What Is MEMEACT? MEMEACT is a meme-inspired token, often associated with the “meme coin” trend in the cryptocurrency space. It doesn’t have a specific utility or backing but is traded based on community interest and speculative activity. The token’s value is highly volatile and can fluctuate significantly within short periods.

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$BTC Supply Limit: There will only ever be 21 million bitcoins. Mining: New bitcoins are created through a process called mining, which involves solving complex mathematical puzzles. Volatility: Its price is highly volatile, influenced by supply and demand, investor sentiment, macroeconomic factors, and regulatory news. Use Cases: Bitcoin can be used for peer-to-peer payments, as a store of value (digital gold), or as a hedge against inflation.

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