Bitcoin Reacts to Fed’s Latest Rate Decision
By: bitcoin ethereum news|2025/05/08 21:15:01
0
Share
Bitcoin, the leading cryptocurrency, is seeing little volatility after the U.S. Federal Reserve decided to keep the benchmark interest rate unchanged at a range of 4.25% to 4.5%. The decision was widely expected by the market, which explains why the flagship coin has barely moved on the news. The top cryptocurrency is currently changing hands above the $96,000 level. Fed Chair Jerome Powell is facing intense pressure to start cutting rates to rev up the economy, but he has not caved to such demands so far. The Fed has stressed that inflation remains “somehow elevated.” Moreover, it has added that uncertainty about the outlook has increased further. You Might Also Like “The Fed is rightly on hold as it awaits more clarity from both the growth and inflation side of the spectrum. The Fed has a dual mandate of full employment and 2% price stability, and right now it is stuck in between both ends,” Jurrien Timmer, director of global macro at Fidelity, commented on the latest Fed decision. Timmer has added that inflation has now moved “a bit closer” to the Fed’s target. The Fidelity executive believes that the central bank has more room to cut rates. Traders are still pricing in three rate cuts this year following the latest Fed decision. However, rate cut expectations have fallen since the April peak. Source: https://u.today/breaking-bitcoin-reacts-to-feds-latest-rate-decision
You may also like

Kalshi's eight-year entrepreneurial history: A boxer in a suit steps onto the stage
If you know where to go, the whole world will make way for you.

Once you're over 25, you're already too old to be playing with meme coins.
Pump.fun, the world's largest 24-hour online esports platform

Four New Frontlines Post Ceasefire | Rewire News Daily Brief
Rate Cut Window Pushed Beyond Year End

Holmez accepts Bitcoin for toll payment, how much can Iran earn?
When you stretch the numbers and do the math, the answer turns out to be unexpectedly small

When No One on the Team Wants to Sell: The Valuation Game at Anthropic Enters the “Seller Disappearance” Stage
Anthropic's stock, priced at $350 billion, some want to buy but can't buy enough, some can sell but unwilling to sell.

Anthropic's new product, powerful enough to make the AI Agent Infrastructure team unemployed?
All-inclusive infrastructure, pay-as-you-go pricing, a cloud-based AI agent working for you 24/7.

Trump Admin's $950 Million Bet on Oil Price Plunge Before Ceasefire Turned Crude Market into Insider Trading Heaven
19:45 GMT is a tricky timepoint

Why Did Trump Take the US into War with Iran?
Here is the inside story of how he made this key decision

From Threat to Ceasefire: How Did the U.S. Lose Its Dominance?
A war that cannot be won must be negotiated.

How long can the Ethereum ecosystem survive after the launch of Mythos?
AI dimensionality reduction strikes Ethereum, Mythos instantly breaches cross-contract vulnerabilities rendering traditional audits ineffective, and $68 billion in locked funds faces a life-and-death test of "defensive vacuum."

Morning News | Yi Lihua establishes AI fund OpenX Labs; Pharos Network completes $44 million Series A financing; Iran demands that Hormuz tankers pay Bitcoin as tolls
Overview of Important Market Events on April 8th

Ray Dalio's new article: The world is entering a war cycle
We are in a world war that will not end in the short term.

IOSG: When Fintech Meets Crypto Native: The Next Decade of Digital Finance
Header: FinTech is increasingly integrating stablecoins and blockchain infrastructure into core products, reshaping the global payment landscape.

They knew in advance that Trump would tweet about a ceasefire, entered with $20k, and exited with $400k.
They turned the war into a compounding investment

The biggest bottleneck in DeFi development
Today, the biggest threat facing DeFi is not just market conditions or liquidity; in terms of security, it also requires more than just preventing code vulnerabilities, because spies may be lurking nearby.

CZ Memoir Released: Reveals a Large Amount of Industry Insider Information, Prompting Intense Rebuttal from Xu Mingxing
As one of the most influential figures in the cryptocurrency industry today, Zhao Changpeng has personally experienced the difficult development journey of Binance and the cryptocurrency industry in its early years, which brings many little-known insider stories and details to this book, adding plen...

a16z: After securities are on the blockchain, why will intermediary institutions be replaced by code?
Writing transactions and settlements into code, the securities market begins to break free from intermediaries.

XRP Tokyo Is Here: What We Learn and What’s Next for XRP Price
Key Takeaways: Ripple’s 2025 XRP Tokyo event highlights a projected $33 trillion on-chain stablecoin volume by 2026. Significant…
Kalshi's eight-year entrepreneurial history: A boxer in a suit steps onto the stage
If you know where to go, the whole world will make way for you.
Once you're over 25, you're already too old to be playing with meme coins.
Pump.fun, the world's largest 24-hour online esports platform
Four New Frontlines Post Ceasefire | Rewire News Daily Brief
Rate Cut Window Pushed Beyond Year End
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
When you stretch the numbers and do the math, the answer turns out to be unexpectedly small
When No One on the Team Wants to Sell: The Valuation Game at Anthropic Enters the “Seller Disappearance” Stage
Anthropic's stock, priced at $350 billion, some want to buy but can't buy enough, some can sell but unwilling to sell.
Anthropic's new product, powerful enough to make the AI Agent Infrastructure team unemployed?
All-inclusive infrastructure, pay-as-you-go pricing, a cloud-based AI agent working for you 24/7.
