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Return of Bitcoin Faucets? Adoption Can Push BTC Price to $100K

Charlie Shrem has launched a Bitcoin faucet as traders eye the May 7 Fed meeting, betting on a rate hold that could unlock Bitcoin’s path to $100K.

• Charlie Shrem has launched a Bitcoin faucet site called 21million.com.
• BTC is down 1.5% in the past 24 hours, with price hovering near key support zones.
• CME puts 97.2% odds on a Fed rate pause as traders expect bullish crypto sentiment ahead.

Crypto pioneer Charlie Shrem has launched a modern-day tribute to one of the most iconic parts of Bitcoin history — the faucet. On May 4, Shrem shared his new project 21million.com, which visually replicates the original Bitcoin faucet created by Gavin Andresen in 2010.