- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitcoin Rises as Traders Watch Fed Moves
By: bitcoin ethereum news|2025/05/05 17:30:01
0
Share
Bitcoin has demonstrated notable resilience, rebounding to remain stable around the $94,000 mark. After a dip to $74,000 the previous week, the cryptocurrency found support at critical levels, reigniting optimistic market sentiment. All eyes are now turned to the upcoming U.S. Federal Reserve meeting set for May 6-7, as potential rate cuts could boost global liquidity and positively influence the cryptocurrency market. Analyst Michaël van de Poppe suggests that a blend of technical and macroeconomic factors is setting Bitcoin on a robust path forward. How Could Fed’s Actions Affect the Market? The possibility of Federal Reserve easing financial policy has rekindled risk appetite, extending its effects from equities to commodities recently. Investors are optimistic about rate cuts increasing the money supply, potentially channeling new capital into Bitcoin. Van de Poppe underlines that with increased liquidity, Bitcoin is set to gain not only through technical gains but also through broader economic factors. Meanwhile, certain market watchers maintain a cautious outlook concerning possible rate adjustments. Some experts point to persistent inflation as a reason the Fed might delay rapid rate reductions. Nonetheless, the crypto sector remains highly attuned to central bank decisions, amplifying the importance of developments in the coming week. In response, traders looking to capitalize on uncertainties post-Fed decision are shifting from leveraged strategies to direct purchases. This method aims to limit potential losses from abrupt Bitcoin price swings. What Do Technical Charts Reveal? Current charts reveal that the $75,000 level has shifted from a barrier to solid support, having been tested and confirmed since March’s significant sell-off. Analysts anticipate that if this support persists, the next milestones will be $87,000 and $92,000. Van de Poppe emphasizes the psychological importance of the $75,000 mark, reinforced by volume data showing significant interest at this point. If prices stabilize beyond $87,000, the market is considered ready for further upward momentum. Conversely, should the $75,000 level be breached, a regression to the $68,000-$70,000 range is possible. However, with Bitcoin currently trading at $94,375 and buyers maintaining influence, this scenario appears unlikely in the immediate term. Bitcoin’s immediate future remains closely tied to the outcomes of upcoming Federal Reserve policies. The market watches intently, awaiting clues that may signal further bullish trends or impending corrections. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. Source: https://en.bitcoinhaber.net/bitcoin-rises-as-traders-watch-fed-moves
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App