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Bitcoin This Week: Between FOMC Pressure and Accumulation Signals
The crypto market this week closed with quite contrasting dynamics. Starting early May 2026, Bitcoin briefly experienced pressure reaching around $75,000 (approximately IDR 1.21 billion). This decline was triggered by the Federal Reserve's (The Fed) stance in the FOMC meeting, which was still reluctant to signal monetary policy easing, sparking risk-off sentiment among global investors.
Lowest Point (Downs)
The negative side this week was seen from an outflow of $89 million from Bitcoin ETF instruments in one day. Additionally, the rise in 30-year US bond yields to 5% made risk assets like cryptocurrencies temporarily lose their appeal. The $75,000 level remains a critical area that has been tested repeatedly over the past few days.