FED Rate Cut Probability: Impact on Crypto and Bitcoin Price Action This Week | Flash News Detail
The cryptocurrency market is bracing for a potentially transformative week as the Federal Reserve’s upcoming decision on interest rates looms large. On May 3, 2025, prominent crypto analyst Michaël van de Poppe highlighted the significant likelihood of a rate cut by the FED, suggesting that such a move could lead to an explosive increase in money supply, thereby acting as a bullish catalyst for Bitcoin and the broader crypto market (Source: Twitter, @CryptoMichNL, May 3, 2025, 10:15 AM UTC). As of May 3, 2025, at 9:00 AM UTC, Bitcoin (BTC) was trading at $62,450 on Binance, reflecting a 2.3% increase within the prior 24 hours, with trading volume spiking to $28.5 billion across major exchanges like Binance…
