According to @rovercrc, the U.S. Federal Reserve has maintained its benchmark interest rates, a move that was widely anticipated by the market. The Fed's latest economic projections indicate a more cautious outlook, with forecasts for economic growth revised downward to 1.4% for the year and inflation projections revised upward, as cited in the official release. For crypto traders, the key takeaway from the 'dot plot' is the signal for fewer rate cuts in the coming years than previously expected. The immediate market reaction for Bitcoin (BTC) was minimal following the announcement. Current market data shows BTC trading at approximately $108,888.72 (BTC/USDT), experiencing a slight 0.086% decline over the past 24 hours. In contrast, traditional markets like the S&P 500 and Nasdaq saw gains. Traders are now looking ahead to Fed Chair Jerome Powell's upcoming remarks for further clarification on the monetary policy outlook.

According to @StockMKTNewz, JPMorgan CEO Jamie Dimon stated that Jerome Powell and the US Federal Reserve are correct to wait before cutting interest rates. For cryptocurrency traders, this reinforces expectations of continued tight monetary policy, which could maintain downward pressure on risk assets like Bitcoin and Ethereum in the short term. Dimon's endorsement signals institutional alignment with the Fed's cautious stance, making it less likely that rate cuts will provide near-term tailwinds for crypto market rallies (source: @StockMKTNewz, May 30, 2025).

According to Crypto Rover, the Bank of England has lowered its interest rate to 4.25% as of May 8, 2025 (source: Crypto Rover on Twitter). This move signals a shift toward monetary easing, which historically increases liquidity and can drive up demand for risk assets like Bitcoin and Ethereum. With market expectations rising for the US Federal Reserve to follow suit, traders should closely monitor potential volatility in crypto prices as global rates trend downward. Lower rates often weaken fiat currencies, possibly strengthening the case for digital assets as alternative stores of value (source: Crypto Rover on Twitter).

According to @GreeksLive, the upcoming Lunar New Year will temporarily reduce the influence of Chinese-speaking clients on the cryptocurrency market. Key macroeconomic data will be released, and central banks including the Fed and ECB are set to announce interest rate resolutions, which are crucial for traders to monitor as they may impact Bitcoin volatility.