Bitcoin rises to $77,000 ahead of Fed decision as Trump preps for lengthy Hormuz block

Bitcoin rises to $77,000 ahead of Fed decision as Trump preps for lengthy Hormuz block

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin rises to $77,000 ahead of Fed decision as Trump preps for lengthy Hormuz blockBitcoin is sitting almost still while the rest of the majors give back gains and oil pushes above $111 on reports of an extended U.S. naval blockade against Iran.By Shaurya Malwa|Edited by Sam ReynoldsUpdated Apr 29, 2026, 4:29 a.m. Published Apr 29, 2026, 4:27 a.m. Make preferred on What to know: Bitcoin is trading in a tight range just below $77,000 despite surging oil prices and geopolitical tensions over a potential extended U.S. naval blockade of the Strait of Hormuz.Major altcoins including ether, XRP, Solana and BNB have fallen over the past week while dogecoin is the only top-10 non-stablecoin token to post gains, lifting bitcoin’s market domina

Source: https://www.coindesk.com/markets/2026/04/29/bitcoin-rises-to-usd77-000-ahead-of-fed-decision-as-trump-preps-for-lengthy-hormuz-block