FOMC Holds Rates Steady — Crypto Holds Breath
On May 7, 2025, the Federal Reserve kept interest rates unchanged at 4.25%–4.50%, citing persistent inflation and economic uncertainty. Fed Chair Jerome Powell struck a cautious tone, signaling no immediate moves.
$BTC responded with sharp swings, bouncing between $91.5K and $100K. A dovish Fed could fuel a $BTC rally, while a hawkish shift may trigger a pullback. Bitcoin dominance also hit a 4-year high above 65%, as investors seek stability.
Market Mood: Unmoved rates, but volatile expectations.
