CryptoMarkets.net news: On April 29, the U.S. Federal Reserve announced that it would keep the benchmark interest rate unchanged at 3.5% to 3.75%, causing the price of Bitcoin to fall below $75,000 in subsequent trading. The Federal Reserve’s decision was made while factoring in inflation pressure and economic uncertainty. The Federal Open Market Committee voted 8 to 4 to keep the interest rate unchanged. After the Federal Reserve’s announcement, Bitcoin slid from about $76,200 to $75,000, then rebounded to about $75,760. Market data shows that after the Federal Reserve’s statement, investors reduced their risk exposure and adjusted their expectations for a rate cut in 2026.

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