Bitcoin slides to $75,000 after Fed keeps rates unchanged

Bitcoin fell to $75,000 after the Federal Reserve voted 8–4 to keep interest rates unchanged, according to CoinDesk. Derivatives-style "price target" markets also repriced expectations. The chance of Bitcoin hitting $80,000 in April is now 3.8%, down from 10% a day earlier. After Bitcoin briefly pushed above $86,000 on April 30, the probability of settling above that level has dropped to 0.1% with one day left before expiry. Traders pointed to elevated geopolitical risk—ongoing conflict involving Iran—and firm oil prices as headwinds for risk appetite. Activity has been choppy, with the biggest move logged around 9:50 a.m. as odds jumped 6 points, though overall volumes remain light. Liquidity looks thin in the $80,000 market: $51,800 in USDC has traded, while order-book depth is $1,391, suggesting a 5-percentage-point swing could be driven by relatively small orders. The $150,000 target market is largely inactive. The Fed's stance has reinforced macro uncertainty for crypto, and the market is pricing limited scope for a near-term dovish pivot. Against that backdrop, traders see a low probability of Bitcoin reaching $80,000—let alone $150,000—in the short run. One contract cited was trading "YES" at 4 cents, implying a $1 payout if Bitcoin reaches $80,000 and an approximate 25x return. Traders said a meaningful shift in conditions would be needed to justify that outcome, with attention on Kevin Warsh's early moves upon taking over as Fed chair and any developments in the Iran war that could sway oil prices and monetary-policy sentiment.