According to @rovercrc, the U.S. Federal Reserve has maintained its benchmark interest rates at 4.25%-4.50%, a move that was widely anticipated by the market. The Fed's latest projections indicate lowered economic growth (GDP at 1.4%) and higher inflation (Core PCE at 3.1%) for the year. While policymakers still foresee 50 basis points in rate cuts for 2025, they project a slower pace of easing in subsequent years, as per the official press release. Bitcoin (BTC) showed minimal reaction, holding around $104,200 following the decision. Traders are now focused on two major upcoming events: Fed Chair Jerome Powell's testimony and the release of the Core PCE price index. Analysts at ING suggest that clarity on inflation may not come until December, potentially leading to a single 50bp rate cut this year if the job market weakens. Conversely, Chris Weston of Pepperstone noted that dovish signals during Powell's testimony could fuel risk-taking and benefit BTC.

According to @rovercrc, Bitcoin (BTC) traders are closely monitoring key macroeconomic events this week after the cryptocurrency slumped below $106,000. The main event is Federal Reserve Chairman Jerome Powell's testimony to Congress, where his stance on interest rates will be scrutinized. Dovish signals could boost risk assets like BTC, especially as some market participants, like Chris Weston of Pepperstone, note that a September rate cut is already priced into the U.S. swaps market. However, analysts at ING remain cautious, forecasting only one rate cut this year, potentially in December. Another critical event is the release of the Core PCE price index, the Fed's preferred inflation metric, with consensus expecting a benign 0.1% monthly increase, which could support the case for rate cuts. The market is also on edge due to the approaching July 9 tariff deadline and geopolitical tensions involving Iran, which contributed to a selloff that saw altcoins like Ether (ETH), Solana (SOL), and XRP drop by 5-7%.

According to @KobeissiLetter, traders should monitor Federal Reserve Chairman Jerome Powell's upcoming testimony and the core Personal Consumption Expenditures (PCE) price index for potential market-moving signals. Dovish commentary from Powell could fuel risk-taking and benefit Bitcoin (BTC), which has shown resilience by holding above $100,000 despite geopolitical tensions, a strength QCP Capital attributes to ongoing institutional adoption. While markets anticipate two rate cuts this year, analysts at ING suggest only one 50bp cut may occur in December. In the altcoin market, Jeff Anderson of STS Digital notes that the widening spread between Ether (ETH) and BTC implied volatilities creates yield opportunities for ETH holders selling options. However, a newsletter service, LondonCryptoClub, warns of significant selling pressure from large upcoming token unlocks for Arbitrum (ARB), ZKsync (ZK), ApeCoin (APE), and Sui (SUI).

According to @doctortraderr, the cryptocurrency market is showing resilience, with Bitcoin (BTC) trading around $107,000 despite renewed US tariff threats against Canada. While crypto stocks like Coinbase (COIN) and Circle (CRCL) experienced significant drops of 6% and 16% respectively, BTC's price action remained relatively calm. Traders are now focusing on major upcoming economic events that could introduce volatility. The key events are Federal Reserve Chairman Jerome Powell's semi-annual testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Pepperstone's head of research, Chris Weston, noted that dovish hints from Powell could boost risk-taking and be bullish for BTC. The consensus for the core PCE data is a benign 0.1% month-on-month increase, which could further support Fed rate cut expectations. However, Coinbase analysts caution that markets have largely disregarded the potential economic risks from the tariff situation, with a critical deadline approaching on July 9.

According to @KobeissiLetter, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% and altcoins like Ether (ETH), Solana (SOL), and XRP dropping between 5-7%. The downturn is attributed to renewed tariff threats from President Trump and heightened geopolitical fears regarding Iran. Traders are now keenly focused on upcoming key events, including Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Analysts at Pepperstone suggest that any dovish signals from Powell could be bullish for risk assets like BTC, while ING analysts anticipate only one rate cut this year. The approaching July 9 tariff deadline remains a significant risk factor for the market.

According to @StockMKTNewz, the cryptocurrency market remained stable despite renewed US tariff threats, with Bitcoin (BTC) trading down approximately 1.9% at $105,699.95. While the broader crypto market saw minor changes, crypto-related stocks experienced significant drops, with Coinbase (COIN) falling 6% and Circle (CRCL) plummeting 16%. Traders are now shifting their focus to major upcoming economic events, primarily Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Analysts cited in the report suggest that any dovish signals from Powell could encourage risk-taking and benefit BTC. The Core PCE data is expected to show a modest 0.1% month-on-month increase, potentially supporting arguments for a Fed rate cut. However, analysts at ING caution that the inflationary impact of tariffs could delay significant rate cuts until later in the year.

According to @KobeissiLetter, the U.S. Federal Reserve has maintained its benchmark interest rates at 4.25%-4.50%, a widely anticipated move. The Fed's updated economic projections signal a more cautious outlook, with GDP growth for the year revised down to 1.4% and inflation (PCE) forecasts revised up to 3.0%. While policymakers still anticipate 50 basis points of rate cuts this year, they foresee a slower pace of cuts in 2026 and 2027. Bitcoin (BTC) showed minimal reaction, trading around $104,200 post-announcement. Traders are now focused on two key events: Fed Chair Jerome Powell's upcoming testimony to Congress and the release of the Core PCE inflation data. Analyst opinions are divided, with Pepperstone's Chris Weston suggesting a potential dovish shift in July, which would be bullish for risk assets like BTC, while ING analysts believe tariff uncertainties could delay significant rate cuts until December. The upcoming expiration of a tariff pause on July 9 adds another layer of complexity for markets.

According to @rovercrc, traders should monitor key upcoming economic events for their potential impact on Bitcoin (BTC), which is currently trading around $105,534. The main events are Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. The source suggests that any dovish signals from Powell or a soft PCE reading could fuel risk-taking and benefit BTC. Conversely, analysts at ING note that upcoming tariffs could create inflationary pressure and potentially delay rate cuts. The analysis also critiques the proposed U.S. stablecoin legislation (GENIUS Act), highlighting flaws such as having 55 potential state and federal regulators, which could lead to a 'race to the bottom,' and inefficient joint rulemaking processes. The author proposes that Congress should designate the Federal Reserve as the single regulator for stablecoins to foster innovation and ensure stability.

According to @KobeissiLetter, the U.S. Federal Reserve has maintained its benchmark interest rate, but policymakers' new projections indicate fewer rate cuts in the coming years than previously expected. The Fed's updated forecast also points to lower economic growth, with GDP revised down to 1.4% for the year, and higher inflation, with core PCE now projected at 3.1%. Despite the hawkish revisions, Bitcoin (BTC) remained stable, trading around $104,200 following the announcement. For the week ahead, traders are focused on two key events: Fed Chair Jerome Powell's testimony to Congress and the release of the core PCE price index, the Fed's preferred inflation gauge. Analysts like Chris Weston of Pepperstone suggest a dovish shift could be coming, which would be bullish for risk assets like BTC, while analysts at ING believe inflation clarity may not arrive until December, potentially delaying significant rate cuts. The upcoming expiration of a tariff pause on July 9 is also a major watchpoint for its potential impact on inflation and Fed policy.

According to @KobeissiLetter, crypto markets remained relatively stable despite renewed U.S. tariff threats against Canada, with Bitcoin (BTC) trading around $107,000. However, crypto-related stocks saw significant downturns, with Coinbase (COIN) falling 6% and Circle (CRCL) dropping 16%. Traders are now focusing on the upcoming week's key macroeconomic events, primarily Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation metric. According to Coinbase analysts, markets have largely ignored the potential economic risks from tariffs. Dovish signals from Powell or a soft PCE report, which consensus expects to show a 0.1% month-on-month increase, could boost risk assets like BTC, as suggested by Chris Weston of Pepperstone. Conversely, analysts at ING anticipate only one rate cut this year, citing potential inflation from tariffs set to take effect after July 9.

According to @KobeissiLetter, the cryptocurrency market remained largely unfazed by renewed US tariff threats, with Bitcoin (BTC) trading down slightly at around $106,700. Coinbase analysts noted that markets have generally disregarded the economic risks from the tariff situation, a sentiment they expect to continue. For the week ahead, traders are keenly focused on two major economic events: Federal Reserve Chairman Jerome Powell's semi-annual testimony and the release of the core Personal Consumption Expenditures (PCE) price index. Chris Weston, head of research at Pepperstone, suggested that dovish signals from Powell could encourage risk-taking, potentially benefiting BTC. The consensus for the core PCE data points to a modest 0.1% monthly increase, which could support the case for interest rate cuts. However, analysts at ING believe only one rate cut is likely this year, anticipating that the inflationary impact of tariffs will become more apparent from July.

According to @DowdEdward, Bitcoin (BTC) traders should closely monitor Federal Reserve Chairman Jerome Powell's upcoming testimony and the core PCE inflation data for signals on future interest rate cuts. A dovish stance from Powell could boost risk assets like BTC, which has maintained levels above $100,000. Chris Weston of Pepperstone noted the market is pricing in a potential dovish shift, while ING analysts anticipate only one rate cut this year due to tariff-related inflation risks. The market appears complacent about the approaching July 9 tariff deadline, with Coinbase analysts observing that potential economic risks have been largely disregarded. Despite new tariff threats, Bitcoin was trading around $106,700, showing relative calm, though crypto-related stocks like Coinbase (COIN) and Circle (CRCL) experienced significant drops.

According to @rovercrc, Bitcoin (BTC) traders are closely monitoring key upcoming economic events, including Federal Reserve Chairman Jerome Powell's testimony and the release of the core Personal Consumption Expenditures (PCE) price index. The Fed recently held interest rates steady but signaled weaker economic growth and stickier inflation, projecting a 3.1% core PCE for the year. Despite this, BTC has shown resilience, holding above $100,000 and trading around $106,766. Market analysts are divided; Chris Weston of Pepperstone anticipates a potential dovish Fed shift that could benefit BTC, while ING analysts forecast only one rate cut this year, likely in December. A consensus forecast for a benign 0.1% month-on-month increase in the upcoming core PCE data could bolster risk assets. Traders also remain cautious of the looming July 9 tariff deadline and geopolitical tensions with Iran, which could drive up oil costs and add to inflationary pressures.

According to @StockMKTNewz, cryptocurrency traders are focusing on Federal Reserve Chairman Jerome Powell's upcoming testimony and the U.S. Core PCE data release for market direction. This comes as geopolitical tensions escalate, with the probability of Iran closing the Strait of Hormuz by year-end surging to 52% on Polymarket. Such an event could cause a major oil price shock, with JPMorgan analysts forecasting crude prices could jump to $120-$130 per barrel, potentially leading to stagflation that would negatively impact financial assets, including Bitcoin (BTC). Despite this risk, BTC has maintained its position above $100,000. Traders will be watching Powell's remarks for any dovish hints on rate cuts, following comments from Fed Governor Christopher Waller suggesting a possible reduction in July. While a dovish Fed could boost risk assets like BTC, analysts at ING anticipate only one rate cut this year, potentially in December.

According to @rovercrc, the cryptocurrency market has rallied, with Bitcoin (BTC) rising 3.1% to $108,600, driven by institutional developments rather than geopolitical concerns. Key catalysts cited include JPMorgan's trademark application for digital asset services and asset manager Purpose's plan to launch a spot XRP exchange-traded fund (ETF) in Canada, which also fueled a 6-7% rally in XRP and Chainlink (LINK). While some traders hope for an altcoin season, Nansen research analyst Nicolai Søndergaard stated that BTC still leads the market and its performance often triggers altcoin movements. From a technical perspective, Bitfinex analysts noted that last week's drop into "Fear" territory on the Fear and Greed Index, combined with aggressive selling, resembles past capitulation events that often mark local bottoms. They identified the $102,000-$103,000 zone as a critical support level for BTC. Looking ahead, traders are focused on macroeconomic events, particularly Fed Chair Jerome Powell's testimony and the release of the core PCE price index. Swissblock analysts anticipate Powell's tone, not the rate decision itself, will drive significant market volatility.

According to The Kobeissi Letter, Bitcoin (BTC) traders should focus on two key upcoming events: Federal Reserve Chairman Jerome Powell's congressional testimony and the release of the Core Personal Consumption Expenditures (PCE) price index. While the Fed recently held rates steady and projected weaker growth with higher inflation, traders will be searching Powell's remarks for any dovish hints that could signal future rate cuts and boost risk assets like BTC. Market expectations for rate cuts are divided; Chris Weston of Pepperstone noted that emerging cracks in the labor market could justify a dovish shift, whereas analysts at ING believe inflationary pressures from tariffs may delay significant cuts until a single 50bp move in December. Following the last Fed decision, BTC price was little changed around $104,200. The consensus forecast for the upcoming Core PCE data is a benign 0.1% month-on-month increase, which could strengthen the case for monetary easing.

According to Stock Talk (@stocktalkweekly), the May 2025 Personal Consumption Expenditures (PCE) inflation data shows PCE year-over-year at 2.1%, slightly below the 2.2% estimate, and month-over-month at 0.1%, matching expectations. Core PCE year-over-year came in at 2.5%, in line with forecasts, while the monthly figure also met expectations at 0.1%. This softer-than-expected headline inflation is viewed by traders as potentially easing Federal Reserve pressure for further interest rate hikes, which could support bullish sentiment in both traditional and cryptocurrency markets. Markets often react positively to inflation data that signals a stable or dovish monetary policy outlook, with Bitcoin and altcoins typically gaining momentum when rate hike risks decline (source: Stock Talk @stocktalkweekly).

According to Mihir (@RhythmicAnalyst), the Federal Reserve's 2% core PCE inflation target is historically extreme, given that the average annual change in the US Core PCE Price Index has been 3.24% from 1960 to 2025, with peaks as high as 10.22% in 1975 and lows of 0.63%. For traders, this historical context signals that the Fed may be intentionally delaying rate cuts to ensure inflation is sustainably below its stated target. This cautious policy stance impacts risk sentiment in crypto and traditional markets, making rate-sensitive trades in Bitcoin, Ethereum, and tech stocks potentially more volatile until clear Fed guidance emerges (Source: Mihir/@RhythmicAnalyst, Twitter, May 1, 2025).

According to Edward Dowd, the significant drop in 10-year Treasury yields on Friday occurred despite the core Personal Consumption Expenditures (PCE) index exceeding expectations. This movement is attributed to market participants shifting their focus towards potential growth concerns, indicating a reevaluation of economic outlooks that could impact future trading strategies.

According to Crypto Rover, the Personal Consumption Expenditures (PCE) data, set for release at 8:30 AM ET, could influence Bitcoin's market performance. February's Core PCE was 2.6%, and a rise to 2.7% is expected. If the actual figure is lower than anticipated, Bitcoin is likely to rally, suggesting traders should prepare for potential market movements. This analysis is based on historical data where lower-than-expected inflation figures have often led to cryptocurrency price increases.