Bitcoin Breaks New Record as Investors Anticipate FED Decision

Bitcoin surged past $97,000 after news of renewed US-China trade talks. The positive development boosted investor confidence across the cryptocurrency market, driving significant gains for Ethereum (ETH), XRP, Cardano (ADA), and Dogecoin (DOGE) along with Bitcoin itself. 2025’s first interest rate decision by the Federal Reserve is looming, with investors closely watching its potential impact on Bitcoin’s short-term direction. Following a year where interest rates remained stagnant following January’s FED meeting, crypto markets and investors are eagerly anticipating any changes to monetary policy in May.