{"id":88458,"date":"2026-05-01T13:33:53","date_gmt":"2026-05-01T13:33:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=88458"},"modified":"2026-05-01T13:33:53","modified_gmt":"2026-05-01T13:33:53","slug":"bitcoin-halted-at-80k-as-us-fed-and-ecb-hold-interest-rates-steady-your-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=88458","title":{"rendered":"Bitcoin Halted at $80K as US Fed and ECB Hold Interest Rates Steady: Your Weekly Crypto Recap"},"content":{"rendered":"
\n

It was a highly anticipated week for several economic events in the US and abroad, including the third FOMC meeting of the year, March PCE inflation data, and earnings reports from multiple S&P 500 companies.<\/p>\n

The previous weekend was eventful on the war front as the scheduled peace talks between the US and Iran in Pakistan failed, and the POTUS even canceled<\/a> the delegation\u2019s trip. Trump held a special conference for the top holders of the TRUMP token and later attended a White House event in which there was an alleged attempt on his life<\/a>, but everyone left unscathed.<\/p>\n

Bitcoin remained relatively quiet despite all these developments and traded at around $77,000-$78,000. On Monday morning, though, it exploded to $79,500 before it was violently and instantly rejected. At first, BTC dropped to $77,500 before it nosedived again hours later to $76,500.<\/p>\n

The bears kept the pressure on, and bitcoin slipped below $76,000 a day later. It surged toward $78,000 on Wednesday, hours before the FOMC meeting. Once the Fed confirmed<\/a> what everyone expected, that there would be no changes to the rates, BTC dropped again, this time to under $75,000.<\/p>\n

It rebounded to around $76,000 by Thursday, even after the ECB followed the Fed\u2019s example and kept the rates unchanged<\/a>. Moreover, it even hinted that there might be a hike in June.<\/p>\n

Nevertheless, bitcoin actually ended April with a double-digit increase<\/a> for the first time in almost a year. It went on a mild run on May 1, touching $78,000 on some reports<\/a> that the US and Iran might begin negotiations soon. Its market cap climbed to $1.560 trillion, and its dominance remains tall above 58%.<\/p>\n

BCP, PENGU, and DOGE are the three double-digit price gainers from the larger-cap weekly, followed by HASH, MORPHO, JST, TAO, and PI.<\/p>\n

Market Data<\/h2>\n
\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Weekly May 1. Source: QuantifyCrypto<\/figcaption><\/figure>\n

Market Cap: $2.680T | 24H Vol: $74B | BTC Dominance: 58.3%<\/p>\n

BTC: $78,100 (-0.8%) | ETH: $2,300 (-1.32%) | XRP: $1.39 (-3.6%)<\/p>\n

This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n

Strategy Eases Bitcoin Accumulation With 3,273 BTC Buy<\/strong>. After a couple of multi-billion-dollar bitcoin purchases by the world\u2019s largest corporate holder of the asset, the company eased its accumulation pace by buying<\/a> a more modest 3,273 BTC for $255 million.<\/p>\n

Analyst Says Gensler Exit Hurt Crypto Trust, Warns Powell Could Too<\/strong>. A popular crypto analyst believes<\/a> that Gensler\u2019s departure from the SEC actually hurt investors\u2019 confidence in the market, and Powell\u2019s potential exit could do the same.<\/p>\n

Ripple (XRP) Drops Major Announcement for Middle East and Africa Clients<\/strong>. The company behind XRP and RLUSD continues to make some major moves in different regions, with the latest being the establishment of<\/a> a new HQ in Dubai\u2019s International Financial Center (DIFC).<\/p>\n

Report: Trump-Linked WLFI Partnered With Project Linked to Alleged Fraud Syndicate<\/strong>. Essentially every cryptocurrency project linked to the First Family has attracted a significant amount of scrutiny due to some questionable decisions. Most recently, a WSJ report claimed<\/a> that WLFI had partnered with a blockchain network called AB less than a month after the US government sanctioned over 140 people and entities tied to it.<\/p>\n

Bitcoin Spot Volumes Crash to Bear-Market Lows \u2013 Apathy Now, Opportunity Next?\u00a0<\/strong>CryptoQuant\u2019s Darkforst outlined<\/a> a negative trend in the overall market participation for bitcoin as the engagement has dropped to bear-market levels. However, the analyst believes this could be a blessing in disguise.<\/p>\n

Peter Schiff Claims Vindication as Bitcoin Falls 30% Since 2025 Sell Call<\/strong>. It appears the permanent bitcoin bear has finally made the right call on BTC after advising investors to sell during the 2025 Bitcoin conference. Now, a year later, the asset trades 30% lower, and he didn\u2019t miss the opportunity to seek vindication<\/a>.<\/p>\n

Charts<\/h2>\n

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n

The post Bitcoin Halted at $80K as US Fed and ECB Hold Interest Rates Steady: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It was a highly anticipated week for several economic events in the US and abroad, including the third FOMC meeting of the year, March PCE inflation data, and earnings reports from multiple S&P 500 companies. The previous weekend was eventful on the war front as the scheduled peace talks between the US and Iran in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-88458","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88458"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88458\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}