How it could influence the Bitcoin price

How it could influence the Bitcoin price
FED observer expect the US Federal Reserve to raise the Federal Funds Rate by 0.25 or 0.50 percent.
The CME Fed Watch tool expected an interest rate increase by 0.50 for the Fed Funds Rate with a probability of 72 % of at least 0.25 at the next meeting.
The team from Yahoo Finance Live reported on Monday:
The Fed has to make a big decision at its next meeting from May 2 to May 3. The likelihood of a further rate increase of 0.25 % is now 72 %. And according to the CME Fed Watch Tool. ”
The Bitcoin Prize and other crypto stock markets will have the rest of the April time to digest the news, as well as stock, bond and other liquid financial markets.
Fed funds interest increase in sight until the beginning of May
The Fed will probably increase interest rates because the US working markets show continuing strength. Jesse Wheeler from Morning Consult on CNBC said:
This employment report was very strong and continues to show how strong and resistant the US labor market is still. I think that the headline, the 236,000 jobs, even if a slowdown compared to the pace we have seen in the past six months, is still strong enough, paired with the unemployment number of 3.5 %, in order to justify a further interest rate increase here in early May. ”
The double reserve's double mandate is to maximize the US employment figures and to stabilize the dollar prices.
Wall Street meanders, Bitcoin price spurts
The Wall Street rolled through the downward movement on Monday and rose slightly during the day. Blue-chip-tech shares fought with Apple, Alphabet and Tesla shares that slipped throughout the day and tore down the Nasdaq Composite:
"[The S & P 500 Index] rose by 0.1 % to 4,109.11. The Dow Jones Industrial Average rose by 101.23 points or 0.3 % to 33,586.52. Meanwhile, the Nasdaq Composite fell by 0.03 % and closed at 12.084.36." In the meantime, the Bitcoin Prize rose by about 7 %on Monday when the news of the interest rate increase in May spread. The rally smashed the resistance at $ 30,000 and achieved a 10-month Betc.
It is not certain to say whether the rally due to or despite the upcoming interest rate increase at the federal level. Higher interest rates could restrict the liquidity flow, which helps to drive up the Bitcoin price together with other investment values.
The stock market tends to drop in response to interest increases, as this affects the margins in investments. If the shares surrender to a more restrictive financial regime in May, crypto prices could bring a disaster.
It is also worth noting that BTC remains largely unimpressed by the recent publication of the CPI numbers for March and remains firmly over $ 30,000 at the time of writing this article.
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