#FOMCMeeting The Federal Open Market Committee (FOMC) is convening on May 6–7, 2025, with markets widely anticipating that the Federal Reserve will maintain the current interest rate range of 4.25% to 4.50%. The CME FedWatch Tool indicates a 96.4% probability of rates remaining unchanged.

Reuters

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This decision holds significant implications for the cryptocurrency market. Historically, lower interest rates have increased investor appetite for high-risk assets like digital currencies. However, with the Fed expected to hold rates steady, the crypto market may experience subdued activity in the short term. Bitcoin, for instance, has seen a slight decline of 0.3% to $94,620 ahead of the meeting.$BTC