Bitcoin Could Rally Despite Fed Decision: Why This Week’s FOMC Meeting Matters

The upcoming Federal Open Market Committee (FOMC) meeting on May 7th promises to be a pivotal moment for the crypto market, especially Bitcoin. While experts predict a potential pause in interest rate hikes, Bitcoin and altcoins could see gains based on several key factors. These include the potential for liquidity injections from the US Treasury as it seeks to combat economic recession risks and the growing shift towards scarce assets like Bitcoin.