Crypto Markets Lose $40 Billion Ahead of Powell's Final FOMC Decision

Crypto markets experienced a $40 billion loss as traders reduced risk exposure ahead of Federal Reserve Chair Jerome Powell's final FOMC meeting. Bitcoin fell below $76,000, and the broader crypto market capitalization dropped 1.8% to $2.62 trillion. The decline aligns with historical patterns of pre-Fed decision market behavior.

By Lockridge Okoth Tue, April 28, 2026 at 5:43 PM GMT+3 3 min read · Yahoo Finance · April 28, 2026, 14:43 UTC

Topics: bitcoin crypto market derisking ether federal reserve fomc market cap

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