According to The Kobeissi Letter, the U.S. Federal Reserve decided to leave interest rates unchanged for the third consecutive meeting on May 7, 2025, signaling ongoing caution amid persistent inflation described as 'somewhat elevated.' The Fed also highlighted increased uncertainty about the economic outlook and noted that risks of both higher unemployment and inflation have risen. These factors often drive volatility in cryptocurrency markets, as traders reassess risk and seek alternative assets during periods of monetary policy uncertainty. The Fed's stance is likely to influence Bitcoin price swings and overall crypto market sentiment as investors react to signals on future rate moves. (Source: The Kobeissi Letter, May 7, 2025)