#FOMCMeeting

Regarding crypto and the FOMC meeting today (May 6, 2025),

Crypto markets are cautious ahead of the Fed decision. Most major cryptocurrencies (like Bitcoin and Ethereum) are trading sideways or slightly down today as investors wait for clarity on interest rates tomorrow.

If the Fed keeps rates unchanged (as expected), crypto may stabilize or even rise slightly, especially if Jerome Powell hints at future rate cuts.

However, if the Fed signals no cuts this year or highlights inflation risks, crypto could see short-term volatility or declines.

Bitcoin is hovering around key support near $60,000 today. Traders are watching closely for Powell’s tone during tomorrow’s press conference.