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Bitcoin and Ethereum stall while Dogecoin jumps after Fed keeps rates steady amid market uncertainty.

Market News
29 Apr 2026
Benzinga
View Source
Neutral
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Following the Federal Reserve's decision to hold interest rates at 3.50-3.75%, major cryptocurrencies like Bitcoin and Ethereum showed little movement, with Bitcoin dropping below $75,000 after an early high. Dogecoin, however, surged over 7%. The Fed cited Middle East tensions as a source of economic uncertainty, impacting both crypto and stock markets, with stocks also declining. Analysts note Bitcoin remains in a bear market, with insufficient signs yet of a new bull cycle, though some expect a potential rebound in May.

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