Bitcoin eyes $75K after 'most hawkish' FOMC as oil hits highest since 2022
Bitcoin faces renewed pressure as Brent crude oil passes $120 per barrel and the Federal Reserve delivers its "most hawkish" meeting.
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Written by William Suberg, Staff Writer. Reviewed by Allen Scott, Staff Editor. Written by William Suberg, Staff Writer. Reviewed by Allen Scott, Staff Editor. Bitcoin eyes $75K after 'most hawkish' FOMC as oil hits highest since 2022MarketsPublishedApr 30, 2026Bitcoin price action remained weak as the US-Iran war delivered a Fed meeting that was the "most hawkish in years" and oil neared four-year highs.Bitcoin (BTC) failed to recover new support on Thursday as oil hit its highest levels in nearly four years.Key points:Bitcoin struggles to recoup recent lost ground as geopolitical factors weigh on momentum.UK Brent crude oil spot markets record their highest levels since June 2022.The Federal Reserve's interest-rate decision is called Chair Jerome Powell's "most hawkish in…
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