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Bitcoin dips as investors await Fed minutes and Nvidia earnings for market direction

Market News
17 May 2026
FXEmpire
View Source
Neutral
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Bitcoin fell nearly 5% last week after failing to sustain gains near $84,000, diverging from the S&P 500's record highs. Investors are focused on Wednesday's Federal Reserve minutes for clues on inflation and interest rate policies, which could tighten financial conditions and pressure Bitcoin. Nvidia's upcoming earnings report is also key, as strong guidance could boost risk appetite and support Bitcoin, while a weak outlook might weigh on tech stocks and crypto. Meanwhile, Binance stablecoin inflows suggest some dip-buying interest, but Bitcoin's technical setup points to a possible drop toward $68,350 if support fails.

More News (BTC)

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

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Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

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Market News
Bullish
6 hours ago
Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

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Technical Signals
Neutral
6 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
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Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...

Market News
Neutral
9 hours ago
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