Bitcoin Faces Crucial Week Ahead of FOMC Meeting

Bitcoin traders are closely watching several key economic events in the US that could influence risk appetite. The Federal Reserve's two-day FOMC meeting on April 28-29 is a major focus point for markets, with its policy decision and press conference scheduled for Wednesday, April 29.

The Fed's guidance on inflation and growth will have a significant impact on short-term trading across stocks, bonds, and crypto. A cautious tone from the Fed may weigh on risk assets, while softer language on inflation could support demand for Bitcoin and other cryptocurrencies.