Date: May 7, 2025
$BTC is trading around $96,200, up 1.3% in the past 24 hours, as markets await the U.S. Federal Reserve’s FOMC meeting today. Investors expect increased volatility depending on whether the Fed signals a pause or further tightening.
$BTC has ranged between $93,587 and $96,302, with analysts eyeing a move toward $100K if a dovish tone emerges—or a drop to $91,500 if the Fed remains hawkish.
$BTC dominance has hit a 4-year high, showing a clear rotation from altcoins to BTC. Sentiment is cautiously bullish as traders take defensive positions ahead of the Fed announcement.
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#FOMCMeeting #USHouseMarketStructureDraft #BitcoinReserveDeadline