# Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
” Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next “ Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin eerily calm on Fed statement Data…