The Federal Reserve kept interest rates unchanged (4.25%-4.5%), sparking a positive market reaction. Bitcoin quickly surged to $87,453, before slightly pulling back
Why Does It Matter?
Fed decisions impact liquidity and, in turn, the crypto market
BTC previously dropped after the December rate cut, but this time, investors reacted positively
Fed Chair Jerome Powell highlighted rising inflation expectations due to new trade tariffs
What’s Next?
Next Fed meeting: May 6-7, with 84% of analysts predicting no rate change
The crypto market anticipates rate cuts in 2025, but the Fed remains cautious
Bitcoin on its way to $90K!