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Bitcoin and ethereum prices today, Wednesday, April 29, 2026: Open lower but rebound intraday pre-Fed

Bitcoin opened April 29 at $76,340.38, down 1.3% from Tuesday, while Ethereum opened at $2,289.20, down 0.6%, but both rebounded intraday to ~$77,508 and $2,330 as markets held near supports ahead of the Fed decision. This extended soft losses from April 28, when Bitcoin opened at $77,368.28 (down 1.6% vs Monday) and fell to $76,472 by 7:10 a.m. ET, with Ethereum opening at $2,303.33 (down 2.8%) and dipping to $2,278.56, amid geopolitics like the Strait of Hormuz closure and Brent crude above $104/bbl stoking inflation fears. Monthly gains of ~15% persist, signaling short-term caution over structural weakness, with volatility likely.

Category

Bitcoin

Sentiment

Bearish

Event

Market commentary

Reading time

1 min