Guavy AI Editorial TeamSentiment: 2Clout: 78

Bitcoin Price Holds Steady Amid Economic Uncertainty

The past week was filled with significant economic events, including the third FOMC meeting of the year and the release of March PCE inflation data.

Despite these developments, bitcoin's price remained relatively stable, trading between $76,000 and $79,500. The US Federal Reserve and European Central Bank kept interest rates steady, which did not significantly impact bitcoin's value.

The cryptocurrency's market cap climbed to $1.560 trillion, and its dominance remains above 58%.