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Bitcoin often drops during Fed chair changes; new chair Kevin Warsh faces 3.5% rates with one cut expected in 2026.

Market News
01 May 2026
Benzinga
View Source
Bearish
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Bitcoin has historically sold off during transitions of Federal Reserve chairs, with significant drops under Janet Yellen, Jerome Powell's first term, and his second term confirmation. Kevin Warsh takes over on May 15 with interest rates at 3.50% and only one rate cut projected for 2026, creating a potentially tough environment for risk assets like Bitcoin. Despite recent institutional outflows, Bitcoin reclaimed $78,000, but must hold above $76,000 and break $82,000 to signal a trend reversal and break the historical selloff pattern during Fed leadership changes.

More News (BTC)

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...

Market News
Neutral
4 hours ago
Ethereum nears $1,700 as whale wallets buy 1.11M ETH amid US-Iran peace deal optimism

Ethereum nears $1,700 as whale wallets buy 1.11M ETH amid US-Iran peace deal optimism

Ethereum (ETH) price rose 2.5% to near $1,700 after whale wallets accumulated over 1.11 million ETH in a week, marking the strongest buying pace in 2026. An address linked to Arthur Hayes bought 3,000 ETH ($5.42M) following the US-Iran diplomatic agr...

Market News
Bullish
5 hours ago
Bitcoin tops $67,000 on ETF inflows and new crypto regulations boosting demand and confidence.

Bitcoin tops $67,000 on ETF inflows and new crypto regulations boosting demand and confidence.

Bitcoin surged past $67,000 driven by fresh inflows into U.S.-listed crypto ETFs like Solana and XRP, signaling growing institutional demand beyond just Bitcoin and Ethereum. Major miners like MARA are accumulating Bitcoin, reducing near-term supply ...

Market News
Bullish
5 hours ago
Big Bitcoin buyers return, sparking supply shock talk amid key central bank decisions.

Big Bitcoin buyers return, sparking supply shock talk amid key central bank decisions.

Large investors have resumed buying Bitcoin, with Strategy adding 1,587 BTC worth about $100 million, raising its total holdings to 846,842 BTC. This renewed demand is reducing available supply, fueling speculation about a potential supply shock. Mea...

Market News
Neutral
6 hours ago
Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so invest...

Market News
Neutral
7 hours ago
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