Ever since the Fed’s rates were slashed below 5% back in October 2024, they have been reduced consistently month after month. This drop had a significant impact on the Bitcoin price, as it broke above the consolidation and surged above the $100,000 milestone for the first time in history. Now that the Fed rates remain unchanged at 4.25% to 4.5%, the cautious stance amid persistent inflation and moderate growth could raise some concerns.
The Fed noted that economic activity has decreased since the start of the year, while the labour market remained strong and somewhat elevated. Meanwhile, the official remains extremely cautious as they keep a close eye on the possibility of rising uncertainty. The decision to keep the rates unchanged comes as…
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