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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
  • Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury
  • Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
  • Justin Sun to attend Trump's dinner with memecoin backers
  • Bancor files patent infringement lawsuit against Uniswap over DEX tech
  • Ethereum price gained 90% the last time this indicator turned bullish
  • Coinbase CEO's journey from no 'political causes' to hiring DOGE staff
  • Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

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