Markets are wrapping up April with a heavy slate of macro events, as four major central banks — the Bank of Japan, Federal Reserve, European Central Bank, and Bank of England — prepare to announce interest-rate decisions this week.
The policy meetings coincide with key U.S. economic releases, including first-quarter GDP and March PCE inflation, both of which could influence expectations for the Fed’s next move. Investors are also tracking a wave of corporate earnings, with reports due from Visa, Mastercard, Robinhood, and major technology companies expected to shape overall risk sentiment.
Markus Levin, co-founder of XYO, said bitcoin (BTC), currently trading near $76,700, is entering the week with momentum building around $78,000. While the Fed is expected to leave rates unchanged, he cautioned that persistent inflation could sustain a hawkish stance, potentially pushing bitcoin back toward the $72,000–$74,000 range in the near term.
Levin added that results from large-cap tech firms will be critical in either reinforcing or challenging the current market trend, given their outsized influence on equities. At the same time, geopolitical developments — particularly U.S.–Iran discussions — could affect sentiment through their impact on oil prices and the U.S. dollar.
