Crypto market news today, Wednesday, April 29, 2026, shows quite contrasting dynamics between high stable prices and geopolitical tensions surrounding the market.

Here is a summary of the main crypto news today:

1. Bitcoin Price & Major Market Update
Bitcoin (BTC) is observed moving steadily but cautiously around $77,000. In Rupiah denomination, BTC price briefly touched the level of Rp1.34 - Rp1.35 billion per coin.

Sentiment: The market is currently in a wait-and-see mode ahead of the Federal Reserve (The Fed) interest rate decision.

Key Levels: Analysts are monitoring strong resistance around $78,000 - $79,500. If broken, the potential to reach $80,000 is wide open. However, crucial (support) is at $76,000.

2. Geopolitics: Strait of Hormuz Blockade & Impact on Crypto
Tensions between the United States and Iran regarding the Strait of Hormuz blockade are a major concern.

Oil Correlation: Global oil prices surged above $111 per barrel due to this tension, sparking fears of global inflation.

Risk Assets: Bitcoin currently responds more as a high-risk asset (risk-on asset) than a safe haven (safe haven), so its price tends to fluctuate with military issues and energy trade in the Middle East.

3. Altcoin & Popular Crypto Performance
Several other digital assets show interesting technical movements:

Ethereum (ETH): Up about 1.7% to $2,325.

BNB Coin (BNB): In a critical zone, testing a breakout pattern toward a target of $660.

Chainlink $625 LINK(: Showing strong liquidity accumulation, indicating potential for significant movement soon.

Dogecoin )DOGE(: One of the top gainers today among meme coins, with an increase of about 2.7%.

Humanity Protocol )H(: Spiked 45% in the past week, but investors are warned of potential selling pressure due to the schedule of token )unlock(.

4. Macroeconomic Highlights
Besides The Fed, the market is also awaiting leadership succession at the US central bank. Kevin Warsh is mentioned as a strong candidate to replace Jerome Powell, which could bring a new direction to monetary policy for the financial markets, including crypto.

Note: The crypto market condition is highly volatile. Always conduct your own research )DYOR( before making investment decisions.