Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%

cointelegraphPublicado a 2026-07-29Actualizado a 2026-07-29

Resumen

Bitcoin's price fluctuated near $64,000 amid significant macro pressures. Key factors include a continued selloff in Asian and US stocks, particularly semiconductor and AI sectors, and rising geopolitical tensions from the US-Iran conflict, which spiked oil prices. This raises inflation concerns ahead of a critical Federal Open Market Committee (FOMC) meeting. Market expectations for the Fed's interest rate decision are highly divided, with traders awaiting cues from Fed Chair Kevin Warsh. BTC price action is currently range-bound between key moving averages, with low trading volumes and declining retail interest since late 2025, as capital shifts toward AI stocks.

Bitcoin (BTC) whipsawed around $64,000 on Wednesday as geopolitical and macroeconomic tensions pressured US stocks.

Key points:

  • Bitcoin constricts near $64,000 as traders contend with multiple macro headwinds.
  • Downside in Asian stocks continues to spill over into US markets.
  • The US Federal Reserve prepares to release its next interest-rate decision, a potential risk-asset volatility catalyst.

Risk-asset hurdles pile up ahead of FOMC meeting

Data from TradingView showed BTC/USD halting a local rebound at the Wall Street open, having hit 11-day lows of $62,700 the day prior.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView


These came as part of a risk-asset rout by a selloff in Asian chip-stocks. This trend continued on Wednesday as markets showed increasing concern over the debt obligations by semiconductor and AI giants.

Renewed nerves over escalation in the US-Iran war added to the headwinds, with US President Donald Trump threatening a “beating” as tit-for-tat strikes continued.

“We’ll be hitting them hard. They’re going to get a beating,” he said in an interview with Fox News.

Oil prices snapped higher as a result, with WTI and Brent crude up 7.6% and 5.4%, respectively. Oil-price hikes could significantly impact trends in the Consumer Price Index (CPI), with inflation concerns having a knock-on effect on interest-rate expectations.

CFDs on US WTI crude oil one-day chart. Source: Cointelegraph/TradingView


Markets are awaiting the result of the Federal Reserve’s latest decision on the federal funds rate. The July meeting of the Federal Open Market Committee (FOMC) will include a statement and press conference by Fed Chair, Kevin Warsh. Though Warsh has given less guidance than his predecessor, traders will watch for cues to future policy shifts.

Commenting, trading resource The Kobeissi Letter noted split opinions as to the Fed’s move on rates. The latest data from CME Group’s FedWatch Tool showed 66.3% odds of current levels of 3.5%-3.75% remaining in place, with a 0.25% hike attracting 33.7%.

“Market expectations for tomorrow’s Fed decision are among the most divided in recent history,” it wrote.

Fed target-rate expectations for July 29 FOMC meeting (screenshot). Source: CME Group


Bitcoin price caught between daily moving averages

Ahead of fresh macro catalysts, BTC price action acted broadly within a range bounded by its 50-day simple (SMA) and exponential (EMA) moving averages.

Related: Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows

BTC/USD four-hour chart with 21-day, 50-day EMA. Source: Cointelegraph/TradingView


This range had begun in mid-July, with failed breakouts taking advantage of liquidity zones on either side.

The latest data from CoinGlass showed potential liquidations building on either side of the current range, with clusters at $63,500 and $64,900.

BTC liquidation heatmap. Source: CoinGlass


Trading volumes, however, remained conspicuously low, with spot-market volume at its lowest levels since July 2023.

“CME open interest remains near multi-year lows, perpetual futures open interest has stalled around 300,000 BTC, and average daily spot volume came in at just $2.2 billion for the month,” crypto analytics company K33 Research added in a bulletin on Tuesday.

Retail investor interest in both Bitcoin and the broader crypto market has been in decline since the latter’s October 2025 all-time highs. AI stocks have formed a major destination for the investor pivot.


Criptos en tendencia

Preguntas relacionadas

QWhat is the current price level at which Bitcoin is experiencing volatility according to the article?

ABitcoin is experiencing volatility around the $64,000 level.

QAccording to the article, what two major factors are putting pressure on risk assets like US stocks and Bitcoin?

AThe two major factors are geopolitical tensions from the US-Iran war and macroeconomic tensions ahead of the Federal Reserve's interest-rate decision.

QWhat specific event did the article say could significantly impact oil prices and, in turn, influence inflation and interest-rate expectations?

AThe escalation in the US-Iran war, with President Trump's threats, caused oil prices to spike (WTI up 7.6%, Brent up 5.4%), which could impact CPI inflation trends.

QHow does the CME FedWatch Tool show market expectations for the upcoming Fed decision, as described in the article?

AThe FedWatch Tool shows the market expectations are highly divided, with a 66.3% probability of the rate holding steady at 3.5%-3.75% and a 33.7% probability of a 0.25% hike.

QWhat technical indicators is the Bitcoin price currently wedged between, as mentioned in the analysis section of the article?

AThe Bitcoin price action is broadly within a range bounded by its 50-day simple moving average (SMA) and 50-day exponential moving average (EMA).

Lecturas Relacionadas

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbitHace 1 hora(s)

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbitHace 1 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbitHace 1 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbitHace 1 hora(s)

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ruHace 7 hora(s)

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ruHace 7 hora(s)

Trading

Spot

Artículos destacados

Cómo comprar WAR

¡Bienvenido a HTX.com! Hemos hecho que comprar WAR (WAR) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar WAR (WAR) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu WAR (WAR)Después de comprar tu WAR (WAR), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear WAR (WAR)Tradear fácilmente con WAR (WAR) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

232 Vistas totalesPublicado en 2024.12.11Actualizado en 2026.06.02

Cómo comprar WAR

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de WAR (WAR).

活动图片