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Bitcoin slips below 21 day average after Fed holds rates steady

Economy
Published on 30 April 2026
Bitcoin slips below 21 day average after Fed holds rates steady

Fed pause didn’t soothe crypto, Bitcoin broke support

Bitcoin traded near $76K but fell for a second day after the US Federal Reserve kept interest rates unchanged. Even with rates steady as expected, both Bitcoin and Ethereum slipped as investors stayed cautious amid macro uncertainty. Bitcoin also dropped below the 21-day average and key support levels, even as signs of underlying demand in crypto remain resilient.

  • Bitcoin fell for a second day near $76K after the Fed decision
  • Ethereum also declined despite expectations of steady rates
  • Bitcoin slipped below the 21-day average and key support level
  • Broader crypto market dipped as caution outweighed demand
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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