Key U.S. economic events may trigger major Bitcoin price moves this week.
Ethereum’s Pectra upgrade and Fed decisions could shape crypto market direction.
Following the recent March five major US events, including the Liberation Day and the Initial Job Claims, are expected to impact the crypto market, according to a Crypto News Flash (CNF) previous report. In this article we will dive closer look to indicate of Bitcoin current Crucial Week Amid Economic Indicators and Market Volatility:
Federal Reserve’s Interest Rate Decision (May 7)
First, the Federal Reserve is anticipated to maintain its benchmark interest rates between 4.25% and 4.5%. While inflationary pressures support this stance, political influences, notably from President Trump advocating for rate cuts, add complexity to the decision-making process.
As of April 18, 2025, the Federal Reserve hint fueled XRP $20 price speculation, according to CNF. It was even highlighted that mentioned in a circulating Federal Res
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