The U.S. Federal Reserve kept interest rates unchanged at its May FOMC meeting, in the range of 4.25% to 4.5%, as expected. However, Chairman Jerome Powell took a cautious tone, making it clear that it is not yet time to cut rates due to economic uncertainty and inflation.
The crypto market reacted with slight movements: Bitcoin fell by 0.2% and other altcoins remained stable. Although the decision did not surprise, investors will now be attentive to possible cuts in July, which could generate positive momentum for cryptocurrencies if liquidity improves.
Conclusion: Although the Fed made no changes, its moderate approach will continue to influence the upcoming movements of the crypto market. Stay alert for upcoming signals.