Ethereum price broke and consolidated below the $2,500 level on Tuesday, May 20, aligning with the tepid momentum in the broader crypto market. Key technical indicators shows that ETH price could be at risk of massive liquidations if the $2,300 support caves. Ethereum (ETH) Halts Below $2,500 as Market Awaits Further Signals Ethereum (ETH) price stagnated below $2,500 on Tuesday, down 1.8% from its recent weekly high. According to CoinGecko, ETH briefly touched $2,588 intraday before retreating to $2,482 at press time. Ethereum (ETH) Price Action | Coingecko This cooling mirrors the broader altcoin sector, where only Solana (SOL) and Tron (TRX) posted considerable gains, up 1.7% and 2.3%, respectively. With the Trump-China trade deal facing new hurdles and institutional sentiment uncertain, many investors are awaiting the U.S. Fed’s June rate decision and the SEC’s pending verdict on altcoin ETF applications slated for June 16. Ethereum Technical Analysis: Parabolic Moves… Read More at Coingape.com
This week, all eyes are on the Federal Reserve. On Wednesday at 2:00 PM ET, the Fed will announce its interest rate decision followed by the release of the FOMC statement. Shortly after, at 2:30 PM ET, Fed Chair Jerome Powell will speak, providing insights into the Fed’s stance on economic conditions and potential future actions. These key events will likely influence market sentiment and expectations for the economy.
May 6, 2025 07:52:21 UTC
FOMC Meeting Expectations
Ahead of the FOMC meeting on May 7, 2025, the market outlook is cautious but anticipates potential movements. There is a 94% chance the Fed will maintain the 4.25%-4.50% federal funds rate, with a hawkish stance possibly pressuring crypto prices. Bitcoin may test $91,500–$92,000 support, and holding above this level could signal a recovery toward $100,000. High volatility is expected due to macroeconomic uncertainty, with a possible dip early in the week before a potential rebound if dovish hints are given. The persistent 2.6% core PCE inflation and a 60% recession probability could dampen risk sentiment, affecting Bitcoin and altcoins. Political pressures, including Trump’s push for rate cuts and tariff policies, may raise concerns over Fed independence but could boost Bitcoin as a hedge. The key focus will be on Powell’s press conference for any signals on rate cuts in June and comments on tariffs, which could trigger a crypto rally if dovish tones emerge.
May 6, 2025 07:50:31 UTC
Post-FOMC Expectations: Market Remains Bullish as Liquidation Data and M2 Money Supply Soar
Post-FOMC, markets are showing bullish momentum with liquidation data indicating upward movement. Truflation is at 1.45%, below the Fed’s 2% target, while M2 money supply continues to rise. With these indicators, many believe now is the time to buy.
Bitcoin’s price action has historically shown strong correlation with FOMC meetings. Out of the past five meetings, three led to bullish price movements, while two resulted in bearish trends. As the FOMC meeting cycle continues, many are watching for similar patterns, with potential market shifts following each key decision. Investors are particularly focusing on how upcoming rate decisions may influence Bitcoin’s trajectory in the coming months.
May 6, 2025 07:43:27 UTC
Bitcoin Set for Low Correction Ahead of FOMC
Michaël van de Poppe suggests that Bitcoin is holding up well despite the ongoing correction, predicting that the low of the correction may occur within the next day or two. He attributes this phase to a standard correction ahead of the upcoming FOMC meeting. Poppe remains optimistic, expecting an “up-only season” to follow, as the market gears up for potential bullish momentum in the near future.
May 6, 2025 07:43:27 UTC
What Time is FOMC?
The FOMC meeting will take place from May 6 to May 7, 2025. The meeting will be a two-day event, and the press conference is scheduled to start at 2:00 p.m. on May 7, 2025, where Federal Reserve Chair Jerome Powell will provide insights into the committee’s decisions and outlook on economic conditions.
May 6, 2025 07:22:55 UTC
When is the Next FED Meeting
The Federal Reserve’s next meeting is scheduled for May 6–7, 2025, where policymakers will assess the evolving economic landscape and determine if adjustments to interest rates are warranted. Despite political pressure for rate cuts, the Fed is expected to maintain its current federal funds rate of 4.25%–4.5%, as inflation remains above the 2% target and economic uncertainty persists.
The post Next FOMC Meeting Updates , Jerome Powell Speech, FED Interest Rate Decision and More appeared first on Coinpedia Fintech News
May 6, 2025 07:53:47 UTC What Time is FED Meeting? This week, all eyes are on the Federal Reserve. On Wednesday at 2:00 PM ET, the Fed will announce its interest rate decision followed by the release of the FOMC statement. Shortly after, at 2:30 PM ET, Fed Chair Jerome Powell will speak, providing insights …
Solana has seen impressive price gains recently, reaching a two-month high and coming close to breaching the $180 mark.
However, it faces a crucial resistance level that has kept the altcoin from pushing past $200. With market conditions and investor behavior at play, the journey to $200 may be challenging for Solana.
Solana Investors Move To Sell
Many Solana (SOL) holders are choosing to book profits, contributing to a rising Realized Profit/Loss ratio. This indicator has surged to 15.0, signaling that excessive selling could be a concern. Historically, when this ratio crosses the 10.0 threshold, it often leads to short-term price corrections.
This profit-taking behavior could also exacerbate market volatility, potentially delaying or halting Solana’s rally. The influx of sales could weigh on the price, even as Solana has managed to make significant gains over the past month.
Solana’s technical indicators also suggest that its bullish momentum might be nearing saturation. The Relative Strength Index (RSI) currently sits above 70.0, placing Solana in the overbought zone.
This suggests that the altcoin’s rally could be reaching its peak, similar to what occurred in mid-January 2025, when Solana’s price saw a drop after hitting similar levels. The RSI, combined with investor behavior, signals that Solana’s price may be nearing a short-term decline.
Solana’s price has surged by 61% over the last month, trading at $170 at the time of writing. The altcoin is just under the resistance of $180, not too far from the long-awaited $200 mark.
If the current momentum continues, Solana could break past this resistance and rally towards the $200 milestone, sparking further interest and investment.
However, the factors discussed above may cause concern for Solana’s price. The combination of increased selling pressure and overbought technical indicators could lead to a reversal.
In this case, Solana’s price may fall to $161 or lower, with the $148 level potentially becoming the next key support. This would keep the 3-month barrier of $180 intact, delaying the long-awaited breakthrough.
On the other hand, if the SOL being sold is absorbed by new investors, and the price can hold its gains, Solana may push past the $180 resistance. This would open the path to $200, invalidating the bearish outlook and continuing its bullish trend. Such a move would require sustained market confidence and demand to overcome the current barriers.
In a historic address at one of the world’s biggest Bitcoin conferences in Las Vegas, US Vice President JD Vance made it clear: Bitcoin is no longer just a financial asset — it’s a matter of national strategy.
Taking the stage in front of a packed room of Bitcoin enthusiasts, developers, and investors, Vance delivered a powerful message, hinting that the United States government is ready to embrace Bitcoin’s role in shaping the country’s economic and technological future.
“We want to start to put in motion the strategic importance of Bitcoin for the United States government,” Vance declared, drawing loud applause from the audience. “We know the People’s Republic of China doesn’t like Bitcoin — and that should make us ask: why? If our biggest adversary is trying to push away from it, maybe that’s a sign we should move towards it.”
Bitcoin & National Security: A New Era
Vance said that this isn’t just a one-way conversation between government officials and the public. He called for ongoing dialogue between policymakers and the crypto community to help shape smart, forward-thinking Bitcoin policies that will safeguard America’s future prosperity.
“None of us want to wake up ten years from now in a country that’s less wealthy and prosperous because we made bad decisions today,” Vance cautioned. “We’re going to make the right decisions — but that depends on you guys being part of the conversation.”
Bitcoin, AI, and the Political Divide
In a candid moment, Vance also touched on an interesting trend he’s observed in tech circles — how different technologies seem to attract different political leanings.
“Very smart right-wing people in tech seem to be drawn to Bitcoin and crypto, while very smart left-leaning folks gravitate toward artificial intelligence,” he remarked. While acknowledging this was a generalization, he stressed the importance of keeping Bitcoin and AI conversations connected.
“What happens in AI will very much affect Bitcoin — and what happens to Bitcoin will affect AI. We need to ensure that Bitcoin is part of the AI conversation,” he added.
Why It Matters
Vance’s speech marks a turning point in how US leadership views Bitcoin — not just as an investment, but as a tool of strategic value in global geopolitics and economic security. As regulatory frameworks for crypto tighten worldwide, America’s embrace of Bitcoin could reshape the future of digital finance and national security.
The post ‘China Hates Bitcoin, So America Should Love It,’ Says US Vice President appeared first on Coinpedia Fintech News
In a historic address at one of the world’s biggest Bitcoin conferences in Las Vegas, US Vice President JD Vance made it clear: Bitcoin is no longer just a financial asset — it’s a matter of national strategy. Taking the stage in front of a packed room of Bitcoin enthusiasts, developers, and investors, Vance delivered …
