Bitcoin held near two-month lows at the May 1 Wall Street open as risk assets braced themselves for the next United States macro move. Data from Cointelegraph Markets Pro and TradingView followed skittish BTC price action hours after new lows of $56,500 on Bitstamp. Traders remained on edge across risk assets ahead of the Federal Reserve’s next interest rates announcement and subsequent press conference from Chair Jerome Powell. After the Quarterly Refunding Announcement, or QRA, dealt a blow to the U.S. liquidity outlook, market participants hoped that Powell’s tone after the Federal Open Market Committee (FOMC) ... (full story)