Bullish
Bitcoin Surges to $77K Ahead of Fed Rate Decision Amid Trump’s Hormuz Blockade Plans
29.04.2026 07:48
Bitcoin (BTC) has surged to $77,000, reaching a new milestone as the market anticipates the upcoming Federal Reserve interest rate decision. This bullish momentum is further fueled by geopolitical tensions, as former President Donald Trump prepares for a prolonged blockade of the Strait of Hormuz, a critical chokepoint for global oil supplies. The combination of monetary policy uncertainty and geopolitical risk is driving investors toward Bitcoin as a hedge against traditional market volatility. Analysts suggest that the Fed’s decision could either accelerate BTC’s rally or trigger a short-term correction, while the Hormuz situation adds a layer of complexity to global economic stability.
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