Crypto Market Digests Fed’s Rate Pause; Bitcoin Tests $100K Barrier
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- Bitcoin trades near $100K as market digests Fed decision to keep interest rates unchanged
- Bitcoin ETF inflows top $5 billion since mid-April, signaling strong investor confidence
- Altcoins XRP, Solana, Cardano gain traction, mirroring Bitcoin’s strength near $100K level
Bitcoin trades near $99,500, just shy of the critical $100,000 mark, with crypto markets actively processing the Federal Reserve’s decision to hold interest rates steady. This confirmation from the FOMC, alongside robust institutional interest and strong Bitcoin ETF inflows, shapes investor optimism for a major BTC breakout.
The Federal Reserve concluded its FOMC meeting on May 7, 2025, announcing interest rates to remain unchanged. This widely anticipated decision now serves as a key data point for Bitcoin’s push beyond $100,000 toward new all-time highs. Supportive macroeconomic factors, like easing U.S.-China trade tensions that improve global risk appetite, also contribute to Bitcoin’s current strength.
Bitcoin $100K: Fed Holds Rates; Strong ETF Inflows Continue
Besides, inflows into Bitcoin ETFs since mid-April have surged past $5 billion, reinforcing bullish sentiment. These capit…
The post Crypto Market Digests Fed’s Rate Pause; Bitcoin Tests $100K Barrier appeared first on Coin Edition.
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