Bitcoin surges above $43,000 as market anticipates U.S. Fed rate cut in May

Bitcoin (BTC) rebounded on Monday, crossing the $43,000 mark as market participants anticipated initiating a rate-cutting cycle by the U.S. Federal Reserve. The world’s largest cryptocurrency by market capitalization rose by over 0.5% in the past 24 hours, reaching $43,100 by 7:30 a.m. ET. Fed funds futures signal rate-cutting expectations Market expectations for a Federal