The U.S. central bank will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement.
Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever.The monthly close placed BTC/USD firmly within its established 2022 trading range, and fears are already that $30,000 or even lower is next.That said, sentiment has improved as May begins, and while crypto broadly remains tied to macro factors, on-chain data is pleasing rather than panicking analysts.With a decision on United States economic policy due on May 4, however, the coming days may be a matter of knee-jerk reactions as markets attempt to align themselves with central bank policy.Cointelegraph takes a look at the these and other factors set to shape Bitcoin price activity this week.Fed back in the spotlightMacro markets are — as is now the standard — on edge this week as another U.S. Fede
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