{"id":16206,"date":"2026-05-04T03:04:48","date_gmt":"2026-05-04T03:04:48","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=16206"},"modified":"2026-05-04T03:04:48","modified_gmt":"2026-05-04T03:04:48","slug":"the-week-ahead-bitcoin-hovers-near-79k-as-higher-for-longer-fed-and-iran-us-tensions-fuel-a-volatile-crypto-outlook","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/the-week-ahead-bitcoin-hovers-near-79k-as-higher-for-longer-fed-and-iran-us-tensions-fuel-a-volatile-crypto-outlook\/","title":{"rendered":"The Week Ahead: Bitcoin Hovers Near $79K as \u201cHigher for Longer\u201d Fed and Iran-US Tensions Fuel a Volatile Crypto Outlook"},"content":{"rendered":"

Bitcoin rose from $78K to $79K over the weekend and is now stable at $79K as of Monday, Asia time. Meanwhile, Ethereum continues to hover around $2,300.\u00a0<\/span><\/p>\n

The Fed remains in a \u201c<\/span><\/span>higher\u2011for\u2011longer<\/span><\/a><\/span>\u201d stance, maintaining rates as they continue to deal with persistent inflation and a leadership transition. Additionally, inflation, the risk of <\/span><\/span>prolonged war<\/span><\/a><\/span> between Iran and the US, and elevated oil prices continue to affect prices, keeping the hard\u2011asset thesis alive for risk assets.\u00a0<\/span><\/span><\/p>\n

CoinMarketCap\u2019s <\/span><\/span>Crypto Fear and Greed Index<\/span><\/a><\/span> stands at 45.\u00a0<\/span><\/span><\/p>\n

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What Traders Should Watch Out for This Week<\/span><\/h2>\n

Key macro decisions and protocol updates will be the main drivers of volatility for BTC and other risk assets.\u00a0<\/span><\/p>\n

For US data and news, US inflation, and Fed policy cues like employment data, directly influence whether the \u201chigher\u2011for\u2011longer but eventual\u2011cut\u201d narrative can trigger price changes.\u00a0<\/span><\/p>\n

Traders are also awaiting further developments in negotiations between the US and Iran, as well as the possibility of the Strait of Hormuz being <\/span><\/span>reopened<\/span><\/a><\/span>.\u00a0<\/span><\/span><\/p>\n

Here are the major economic indicators to watch out for this week:\u00a0<\/span><\/p>\n