Bitcoin Reaches $77,000 as Market Awaits Fed Decision Amidst Rising Tensions in Hormuz
The cryptocurrency market is witnessing a mixed trend, with Bitcoin holding its ground near $77,000, despite minor fluctuations. This stability is observed amidst significant movements in other assets, including a notable surge in oil prices to over $111 per barrel, fueled by reports of an extended U.S. naval blockade in the Strait of Hormuz. The blockade, as reported by the Wall Street Journal, …
April 29, 2026, 4:27 a.m.