Bitcoin traded at around $76,000 as of April 30, 2026, and has remained at that level even as the world faces a severe energy crisis. The Strait of Hormuz has been closed for two months, oil prices are at levels not seen since 2015, and the United States is pressuring allies to form a coalition to restore navigation in the most strategic sea lane on Earth.
Tuesday was a day of high volatility for Bitcoin. behind him Fed announces interest rate will be kept at 3.75% annually And following Jerome Powell’s closing speech, Bitcoin immediately reacted lower. After that, we got back on track and the operating situation stabilized today.
The following graph shows that Bitcoin movement in the past 30 days. There, it is clear that despite short-term volatility, digital currencies are showing strength and resilience in the midst of a hostile macroeconomic environment.
From February 28thWhen America and Israel launched an attack on Iran, Strait of Hormuz remains closed. About 20% of the world’s oil and gas supplies pass through it. Oil prices have doubled since the beginning of the year.
This was revealed in a State Department cable seen by Reuters. Washington is pressuring other countries to form a United Nations -Referred to as the “free ocean structure”- To restore free navigation. France and Britain also expressed interest, but on the condition that hostilities cease. Negotiations mediated by Pakistan have stalled.
meanwhile, el United States Oil Fund ～Index linked to US crude oil prices～ The price is $150 per share.a price not seen 11 years ago, as seen in the image below.
In addition to the war background, yesterday, as reported by CriptoNoticias, Chairman Powell’s latest public speech on interest rates As President of the Federal Reserve Bank of the United States.
His diagnosis was direct: “Inflation is high relative to our long-term goal of 2%.” “He has behaved badly,” he said, citing two specific reasons: the Middle East conflict, which has caused global energy prices to soar, and import tariffs, which have pushed underlying inflation to 3.2%.
Chairman Powell said the Fed is in no hurry to cut interest rates.. “We believe the current monetary policy stance is appropriate,” the official said. This extended pause signal triggered Bitcoin’s initial decline following the announcement.
Kevin Warsh will become Fed Chairman next month, subject to final Senate confirmation. The market is taking this policy relatively optimistically. This is because it is expected to be close to Mr. Trump’s economic vision and prioritize growth, although the Fed’s mandate to control inflation provides a condition for this.
As is clear, the macroeconomic environment is not the most favorable for financial markets. But still, at $76,000, Bitcoin has shown it can withstand one of the most complex macroeconomic scenarios in years.
