CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-05-29 17:24:08

Is the Bitcoin Rally Over or Continuing After Yesterday’s Fed Minutes? Pay Close Attention Tomorrow

Bitcoin and cryptocurrency markets experienced slight losses following the release of the minutes from the Fed's May 6-7 Federal Open Market Committee (FOMC) meeting. The hawkish statements in the minutes limited investors' short-term risk appetite. Fed officials said that “tough policy choices” could be on the table due to the risks of persistent inflation and a looming recession. “Participants agreed that uncertainty about the economic outlook has increased and decided that a cautious approach would be appropriate until the clear economic impacts of changes in government policies become more apparent,” the minutes said. Despite this, BRN analysts said institutional demand remained strong. Spot Bitcoin ETFs in the US have recorded net inflows for the 10th consecutive day, with BlackRock making the biggest contribution. BRN analyst Valentine Fournier noted that many companies have announced plans to add BTC to their portfolios as a reserve asset. Related News: BREAKING: Highly Anticipated Critical FED Meeting Minutes Released - Here Are All the Details “Bitcoin continues to benefit from its positioning as a hedge and long-term asset. Institutional adoption is strong and more firms are building BTC reserves,” BRN analysts said, noting that the rally could pick up speed again once profit-taking is over. Another important development that investors are focusing on is the Personal Consumption Expenditures (PCE) report, the Fed's most important inflation indicator. The data, which will be released on Friday, is of critical importance for the markets. According to CoinPanel senior automation expert Dr. Kirill Kretov, a lower-than-expected data could increase the likelihood of a rate cut by the Fed, easing inflation concerns. However, he noted that higher data could trigger a risk-off mode. “The liquidity structure in crypto markets is still fragile, so we could see extreme price movements even if the data beats or falls short of expectations by just 0.1%,” he said. *This is not investment advice. Continue Reading: Is the Bitcoin Rally Over or Continuing After Yesterday’s Fed Minutes? Pay Close Attention Tomorrow

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.