Bitcoin Likely Bullish Over US Fed's Uncertain Outlook For Next Few Months

Crypto Market News: Officials at the Federal Open Market Committee (FOMC) saw an uncertain environment over further interest rate hikes at the May Fed meeting, the meeting minutes said on Wednesday. Amid the concerns around the debt ceiling crisis, the committee felt there could be a need for further tightening of financial conditions, while significant disruptions were said to be expected. Meanwhile, the crypto market did not show any significant changes to the Fed meeting minutes release.