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Bitcoin Rebounds to $76.4K After Sub-$75K Dip on Fed Split, Powell Transition

Bitcoin traded around $76,400 on April 30 after dipping below $75,000 intraday amid Fed's 8-4 vote to hold rates at 3.50%-3.75% and Powell confirming his post-chair role. The session capped volatility from April 28 de-risking, when BTC slipped under $76,000 with a $40 billion crypto market cap wipeout to $2.62 trillion and whale deposits. A bullish flip to $77,000 on April 29 preceded $528 million in 24-hour liquidations—mostly longs—as 2026 rate-cut odds fell to ~1% with Kevin Warsh's nomination advancing.

Category

Bitcoin

Sentiment

Bearish

Event

Price movement

Reading time

1 min