The eyes of the financial world are locked on Washington D.C. today, April 29, 2026, as Bitcoin (BTC) hovers stubbornly around the $77,400 mark.
This isn't just another routine interest rate decision; this marks the final Federal Open Market Committee (FOMC) meeting for Chairman Jerome Powell.
As the architect of the "higher-for-longer" regime that defined the mid-2020s, Powell’s exit has introduced a rare brand of "lame-duck volatility" to the crypto markets. Investors are caught in a tug-of-war: while the Fed is widely expected to hold rates steady, the true anxiety lies in whether Powell will use his final podium appearance to double down on a hawkish legacy or open the door for his successor to initiate a liquidity "Great Easing."
Psychological ceilingAnalysts are closely watching the $75,000 support level; a hawkish parting shot from Powell could send the asset tumbling back toward the $70,000 range, while a "dovish pivot" hint could provide the rocket fuel needed to finally pierce the $80,000 psychological ceiling.
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