The crypto market awaits a critical decision from the U.S. Federal Reserve, with the FOMC meeting scheduled for May 6-7 to announce its policy on U.S. interest rates. Experts anticipate that the Fed will likely implement a smaller 0.75% rate cut after concerns about potential Trump tariff changes. Chair Jerome Powell has emphasized that clarity is needed regarding these policies before any further action can be taken. Meanwhile, Bitcoin’s price has surged to $97,000 as investors react to the potential for easing trade tensions between the U.S. and China. This rise in Bitcoin is being fueled by a renewed sense of optimism among traders who anticipate positive news. 65% of the market still remains dominated by Bitcoin, but this dominance could shift soon, creating an opportunity for altcoin season to emerge.