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Bitcoin Dips to $75K as Fed Holds Rates 8-4, Dissenters Cool Warsh Pivot Hopes

Bitcoin slipped to around $75,000 after the Federal Reserve's 8-4 vote to hold rates at 3.5%-3.75%, denting expectations for cuts under incoming chair Kevin Warsh and triggering a brief drop from $76,200 before rebounding to $75,440. This extends a 4% decline from $77,233 amid historical patterns of multi-month BTC corrections following new Fed leadership, mixed Warsh signals, and political pressure from Trump for a June cut despite $200B in recent Treasury additions. Declining volume reflects investor caution as markets await Warsh's first FOMC.

Category

Bitcoin

Sentiment

Bearish

Event

Policy impact

Reading time

1 min