FOMC Minutes Drop Today – What’s Next for Bitcoin?
The FOMC minutes from the May 6-7 Fed meeting are out today at 2:00 PM ET (6:00 PM UTC) – and they could shake up #Bitcoin!
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The Fed kept rates at 4.25%-4.50%, but everyone’s watching for clues on rate cuts. Here’s the vibe:
Dovish vibes
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: If the Fed hints at cutting rates soon (June/July?), $BTC BTC could rocket past $100K!
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Lower rates = more love for risk assets like crypto.
Hawkish mood
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: If they’re worried about inflation and keep rates high, we might see BTC dip to $91K-$92K.
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Neutral?
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Expect some volatility but no big moves if the Fed plays it safe.
#Cryptotraders, get ready! Studies show BTC gets wild on FOMC days, with price swings for ~15 mins post-release.
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Are you buying the dip or waiting for a breakout? Let’s hear your pred
ictions!
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#FOMC #BitcoinPrice #CryptoNews #InvestSmart