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Bitcoin price about to 'blast' higher as Fed rate cut odds jump to 60%

cryptoweekly by cryptoweekly
May 1, 2025
in bitcoin, News
0

Bitcoin price is ready to break out of consolidation as alarming US GDP data increases chances of Fed interest rate cuts.

Key takeaways:

Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 as US economy slumps.

Breaking $95,000 could push BTC price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture.

Read more

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Recent Posts
  • Uber pitches AI labeling services following Meta’s Scale acquisition — Report
  • Bitcoin should hold $100K as Q3 seasonality predicts sideways trading
  • Kraken moves HQ to Wyoming, cites regulatory environment
  • Bitcoin rally to $120K possible if Fed eases rates due to tariff and war impact
  • High risk, high reward: Crypto perpetual futures gain momentum in US
  • Bitcoin price slips under $104K into 'triple witching' options expiry
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