Bitcoin drop after FOMC; $4.5B liquidations, ETF inflows dey support

Published: 2026-04-29 23:20:07 |

Bitcoin (BTC) fall from around $79,500 enter FOMC period, e cause about $4.5B crypto liquidations. The move follow repeating pattern: BTC dey strong before FOMC then e quickly unwind after decision as liquidity and leverage situation change. Mechanically, derivatives de-risking sharp. Futures open interest reportedly drop from about $61B to $49B in one week, while BTC derivatives liquidations estimated near $2.5B and total crypto liquidations about $4.5B. Analyst Michael van de Poppe say these pre-event corrections usually show policy uncertainty. Traders dey watch key levels. Article mark about $73,000 as near-term line and point to about $70,000 support. The higher range fit hold if BTC stay above ~$73,000 and liquidation pressure calm down. To balance macro risk, spot Bitcoin ETF flows reportedly turn positive again, with about $3.5B net inflows over two months. Corporate accumulation still supportive: Strategy increase BTC holdings to 818,334 BTC in 2026 (from 672,497 on Jan 1). For trading, this mix suggest volatility go remain high, but ETF demand fit cushion downside and help BTC recover stronger if leverage flush out.

Neutral

BTC short-term downside pressure dey real: di selloff happen along wit clear derivatives de-risking cycle (open interest drop) and plenty liquidation (~$4.5B). Normally that one go keep volatility high into/just after the central bank decision, making e hard make people buy the dips sharp sharp. But both summaries highlight stabilizers. Spot Bitcoin ETF flows reportedly don return to net inflows (~$3.5B over two months), and Strategy still dey accumulate BTC so dem dey add steadier bid. The article also place $73,000 (then ~$70,000) as key support zone — so if liquidation pressure cool down quick, market fit recover without breaking the bigger structure. Net: bearish catalysts for the immediate tape, but institutional demand signals reduce the odds of a sustained crash, keeping the overall BTC price outlook more balanced than one-sided.