Bitcoin Drops Under $75K After Fed Decides To Hold Rates: Will Bulls Buy?

Bitcoin Drops Under $75K After Fed Decides To Hold Rates: Will Bulls Buy?

Bitcoin (BTC) extended its two-day decline on Wednesday after the Federal Open Market Committee (FOMC) minutes confirmed the Fed’s decision to hold “the target range for the federal funds rate at 3-½ to 3-¾ percent.”  While the Fed maintains its goal of achieving “maximum employment and inflation at the rate of 2 percent over the longer run,” the FOMC minutes cited the “developments in the Middle East” as factors fueling an environment of “uncer…

Fed Rate Hold Hits Bitcoin as BTC Slides Below $75K

The post Fed Rate Hold Hits Bitcoin as BTC Slides Below $75K appeared on BitcoinEthereumNews.com. The Federal Reserve kept its benchmark interest rate unchanged at 3.5% to 3.75% on Wednesday, April 29, as policymakers weighed inflation pressure, economic uncertainty and a divided path for monetary policy. The decision kept borrowing costs at the same level and showed that the central bank was not ready to cut rates yet. The Federal Open Market C…

What The Bitcoin Drop Since Gensler Left Says About Markets And Regulation

When Gary Gensler left the US Securities and Exchange Commission in January 2025, Bitcoin was trending higher, and many expected a more favorable regulatory backdrop to drive further upside. Instead, BTC has fallen sharply to a zone that complicates a once-popular narrative that regulation, or Gensler specifically, was the primary force holding the market back. Bitcoin’s Price May Be Saying More About Markets Than Regulators The market reaction …

Bitcoin slips to $75k as Fed holds rates, crypto stocks tumble – #CryptoUpdatesGNIT

Bitcoin dropped to lows of $74,958 before stabilizing above $75,000. The decline also coincided with tighter liquidity in traditional equity markets. Crypto stocks fell sharply as short‑term volatility hit risk assets. Bitcoin price briefly slipped to below $75,000 on Wednesday as the Federal Reserve held interest rates steady, dimming hopes for near‑term rate cuts and triggering a broad‑based sell-off in risk assets. The move weighed heavily on…

Pi Network's PI and WLFI Dump the Most, BTC Recovers From Post-FOMC Dip: Market Watch

Although the US Federal Reserve kept the interest rates unchanged as essentially everyone expected, BTC still dipped to a multi-day low of just under $75,000 before it rebounded by a grand. Ethereum and HYPE have lost the most value from the larger-cap alts, while RAIN has defied the trend with a notable 6% surge. BTC Rebounds After FOMC Dip Although the US delegation was stopped from going to Pakistan for potential peace talks with Iran over th…