Bitcoin's Response to FOMC's Steady Rates: Is a Distribution Phase Looming?
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Bitcoin's Response to FOMC's Steady Rates: Is a Distribution Phase Looming?

Bitcoin and cryptocurrency markets reacted to the Federal Reserve's decision to maintain interest rates. Is Bitcoin on the verge of breaking $100,000 or will it undergo a distribution phase until June?

Bitcoin and other cryptocurrencies have recently responded to the Federal Open Market Committee’s (FOMC) decision to keep interest rates steady. Speculation abounds regarding whether Bitcoin’s price will break through the $100,000 mark or experience a period of distribution leading up to June. The BTC Bull presale has gained traction, raising over $5.4 million.

Federal Reserve and FOMC Keep Rates Unchanged

On May 7, 2025, the Federal Reserve announced that its benchmark interest rates would remain between 4.25% and 4.5%. A rate hike would have led to significant fluctuations in both equities and cryptocurrency markets. However, there were no significant price movements post-announcement.

Will Bitcoin Enter a Distribution Phase Until June?

Short-term price trends suggest Bitcoin could enter a distribution phase, though the specifics of this phase are still unclear. Dr. Sean Dawson from Derive.xyz pointed out that market predictions show a 28% chance for Bitcoin to exceed $100,000 and an 18% probability it could fall below $84,000.

BTC Bull Token Presale: Over $5.4 Million Raised

As Bitcoin hovers close to the $100,000 threshold, retail participation in the BTC Bull presale has surged, with total raise surpassing $5.4 million. BTC Bull is regarded as one of the most promising presales of 2025, intended to reward holders based on BTCUSDT performance.

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Disclaimer: Cryptocurrency carries high-risk factors, and this information should not be perceived as financial advice. Investors can lose their entire investment.

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