According to U.Today, on April 10, the United States will release the Consumer Price Index (CPI) for March, which is a measure of inflation and may affect the Federal Reserve's decision on interest rates. The next day, the United States will release the minutes of the Federal Open Market Committee (FOMC) meeting in March, and it is more likely that interest rates will remain unchanged in May. These decisions often directly or indirectly affect the performance of digital assets, especially Bitcoin. When interest rates remain unchanged, it usually means that the economy is stable and there is no need to raise interest rates to curb inflation. For Bitcoin and digital assets, stable interest rates may be seen as a "good thing" because it makes borrowing costs lower, which may lead to more investment flows to riskier assets such as cryptocurrencies. Currently, the price of Bitcoin is around $71,539. If the news on April 10 and 11 shows that the US economy is in good condition, Bitcoin may be boosted because more investors may want to increase their risk exposure.
