
{"id":64629,"date":"2025-05-07T18:25:59","date_gmt":"2025-05-07T18:25:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64629"},"modified":"2025-05-07T18:25:59","modified_gmt":"2025-05-07T18:25:59","slug":"bitcoin-reacts-to-us-federal-reserves-decision-to-maintain-interest-rates","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64629","title":{"rendered":"Bitcoin Reacts to US Federal Reserve\u2019s Decision to Maintain Interest Rates"},"content":{"rendered":"<p>The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%.<\/p>\n<p>Bitcoin\u2019s price slipped by around a grand immediately after the announcement went live, but the impact is expected to be minimal in the following days.<\/p>\n<p>Today\u2019s FOMC meeting didn\u2019t bring any big surprises as the US central bank <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/pressreleases\/monetary20250507a.htm\" target=\"_blank\" rel=\"noopener\">said<\/a> it continues to strive for a 2% inflation rates over the longer run, which is somewhat <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-reacts-as-us-cpi-for-march-comes-lower-than-expected\/\">close to the actual numbers<\/a> for the previous month.<\/p>\n<p>To achieve its goals, which also include reaching maximum employment, the Fed \u201cdecided to maintain the target range for the federal funds rate at 4-1\/4 to 4-1\/2 percent.\u201d<\/p>\n<p>While the financial markets had priced such a development, some hoped that Fed Chair Jerome Powell would succumb to US President Trump\u2019s warnings and reduce the rates. Recall that the POTUS <a href=\"https:\/\/cryptopotato.com\/trump-threatens-to-fire-fed-chair-as-crypto-traders-wait-for-fomo\/\">threatened<\/a> to fire Powell if he refused to lower the rates.<\/p>\n<p>Still, BTC\u2019s price slipped immediately after the Fed\u2019s announcement went live, going from over $96,800 to under $96,000. It has recovered almost half of the losses as of press time, but still trades about a grand lower from its <a href=\"https:\/\/cryptopotato.com\/crypto-markets-add-70-billion-as-bitcoin-btc-jumped-by-4k-daily-market-watch\/\">peak<\/a> earlier today of over $97,600.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTCUSD-7.png\"><\/a>BTCUSD. Source: TradingView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-reacts-to-us-federal-reserves-decision-to-maintain-interest-rates\/\">Bitcoin Reacts to US Federal Reserve\u2019s Decision to Maintain Interest Rates<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%. Bitcoin\u2019s price slipped by around a grand immediately after the announcement went live, but the impact is expected to be minimal in the following days. Today\u2019s FOMC meeting didn\u2019t [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":64630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64629"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64629"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64630"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}