Bitcoin Trades Steady as Fed Decision Eyed -- Market Talk

Dow Jones

05-06

1019 GMT - Bitcoin trades steady as investors sit on their hands ahead of the Federal Reserve's policy meeting on Wednesday. Traders remain in "wait and see" mode ahead of the Fed's announcement, Scope Markets analyst Joshua Mahony says in a note. Fed Chair Jerome Powell is under pressure from President Trump to cut rates. However, the Fed will "want to wait and see exactly what the inflation and growth implications are from President Trump's tariffs before making a move." Bitcoin trades flat at $94,226, according to LSEG. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 06, 2025 06:19 ET (10:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Traders remain in \"wait and see\" mode ahead of the Fed's announcement, Scope Markets analyst Joshua Mahony says in a note. Fed Chair Jerome Powell is under pressure from President Trump to cut rates. However, the Fed will \"want to wait and see exactly what the inflation and growth implications are from President Trump's tariffs before making a move.\" Bitcoin trades flat at $94,226, according to LSEG. 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Traders remain in \"wait and see\" mode ahead of the Fed's announcement, Scope Markets analyst Joshua Mahony says in a note. Fed Chair Jerome Powell is under pressure from President Trump to cut rates. However, the Fed will \"want to wait and see exactly what the inflation and growth implications are from President Trump's tariffs before making a move.\" Bitcoin trades flat at $94,226, according to LSEG. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2025 06:19 ET (10:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09008","symbol_name":"博時比特幣-U","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533077875","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533077875","pubTimestamp":1746526740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1019 GMT - Bitcoin trades steady as investors sit on their hands ahead of the Federal Reserve's policy meeting on Wednesday. Traders remain in \"wait and see\" mode ahead of the Fed's announcement, Scope Markets analyst Joshua Mahony says in a note. Fed Chair Jerome Powell is under pressure from President Trump to cut rates. However, the Fed will \"want to wait and see exactly what the inflation and growth implications are from President Trump's tariffs before making a move.\" Bitcoin trades flat at $94,226, according to LSEG. 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However, the Fed will \"want to wait and see exactly what the inflation and growth implications are from President Trump's tariffs before making a move.\" Bitcoin trades flat at $94,226, according to LSEG. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 06, 2025 06:19 ET (10:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}