The conflict between Israel and Iran has negatively impacted Bitcoin prices, leading to fluctuations within a narrow range. Investor concerns are heightened.
Market Impact of the Conflict
The uncertainty resulting from the conflict between Israel and Iran has increased investor anxiety. Many fear that the U.S. could become directly involved in any potential attacks by Israel against Iran.
Expectations from the Fed's Decision
Investor attention is focused on the upcoming Federal Reserve (Fed) decision to be announced on May 18, 2025. Following this, Fed Chairman Jerome Powell will make statements that could determine Bitcoin's short-term direction.
Experts' Views on Future Interest Rates
Economists like Aditya Bhave from Bank of America expect the Fed to maintain interest rates unchanged. Many experts emphasize that current economic uncertainties will likely prevent the Fed from changing its policy in the near future. 'The Fed's main message at its June meeting will be that it remains comfortably committed to a wait-and-see mode,' noted Bhave.
Given the uncertainties on the macroeconomic front, investors should closely monitor Jerome Powell's statements and respond to potential shifts in Fed policy.
