Bitcoin and altcoins stall ahead of Fed as CartelFi token sale surges

Invezz
2025.05.07 11:07
portai
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Bitcoin and altcoins are experiencing a stall as investors await the FOMC meeting, with concerns over President Trump's trade policy impacting market sentiment. Bitcoin has rebounded nearly 30% since early April, currently hovering around $96,000, with a potential target of $100,000. Meanwhile, the CartelFi token sale has surged, raising over $1.6 million in a month, attracting retail investors seeking growth opportunities. Ethereum remains in consolidation above $1,750, with increased trading volume but still awaiting cues from the FOMC statement.