According to Crypto Rover, the FOMC rate cut decision is scheduled for today at 2PM UTC, an event that typically triggers significant volatility across the cryptocurrency markets as traders adjust positions in response to changing interest rate environments (source: @rovercrc on Twitter, May 7, 2025). Historically, rate cuts have led to increased liquidity and risk-on sentiment, potentially boosting Bitcoin and altcoin prices. Traders should closely monitor Bitcoin price action and altcoin market reactions around the FOMC announcement for optimal entry and exit opportunities.