Bitcoin Holds Above $76K as Traders Wait on Powell's Last Fed Meeting

Crypto markets are flat right now. Traders are weighing several overlapping events within a 48-hour window: a closed Strait of Hormuz, hawkish dissent at the Bank of Japan, and Jerome Powell's final Federal Reserve meeting. Bitcoin sits at $76,360, down 0.7% over the past 24 hours. It has failed twice this past week to break back above $80,000, according to CoinGecko data. I'd expect resistance at that level to hold unless we see a clear shift in macro sentiment. Ether edged up 0.3% to $2,299. Still, the second-largest cryptocurrency is slightly lower over the past seven days. The broader market seems to be waiting for direction before committing capital. Watch the Fed statement and Powell's remarks tomorrow. That will likely set the near-term trend for risk assets, including crypto on Coincex.