Bitcoin rises ahead of Fed decision

Source: CoinDesk

“Bitcoin is trading in a tight range just below $77,000 despite surging oil prices and geopolitical tensions over a potential extended U.S. naval blockade of the Strait of Hormuz. … The Fed announces its rate decision later on Wednesday, the ECB follows Thursday, and the U.S. equity market sold off Tuesday on growing skepticism about the payoff from artificial intelligence capital expenditure, with Nasdaq 100 futures clawing back 0.4% in Asian hours.” (04/29/26)

https://www.coindesk.com/markets/2026/04/29/bitcoin-rises-to-usd77-000-ahead-of-fed-decision-as-trump-preps-for-lengthy-hormuz-block